EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

An ascending movement up to the next resistance level at 183.61 will persist.

Caution: A possible trend reversal in the direction of the support line at 183.253 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 183.644 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 183.61 should always be considered.
Consider stop-loss settings accordingly.

183.61 – 183.683 – 183.97 – 183.253 – 183.215 – 183.588 —
183.45900 – 183.43500 —
39.439099197883 – 47.781313985148 —
– —
183.61 – 1773345600

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