EUR/JPY – 4H – BUY

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

An ascent up to the next resistance at 187.361 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 186.413 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

187.361 – 187.948 – 184.24 – 186.413 – 186.285 – 182.586 —
186.86900 – 186.87200 —
50.296417465967 – 35.434273097327 —
– —
187.361 – 1776787200

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