Buy EUR/JPY – 30M – BUY

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 184.327944 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 183.9 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 187.554
2nd High 185.035
Next High 183.9
Current Price 183.72200
Next Low 182.039
2nd Low 181.866
3rd Low 181.409

183.9 – 185.035 – 184.031 – 182.039 – 184.508 – 183.661 —
183.85300 – 183.65800 —
51.895598947732 – 42.794975938957 —
– —
183.9 – 1778094000

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