EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 184.073 is expected.

Caution: A possible trend reversal in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 184.073 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 184.073 could happen.
In the case of a trade, always set appropriate stop-loss settings.

184.073 – 183.761 – 183.63 – 183.403 – 183.053 – 182.652 —
183.80800 – 183.80400 —
47.720915754222 – 45.930014803539 —
– —
184.073 – 1773205200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –