EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards

A bullish ascent up to the next resistance level at 185.035 is expected.

Caution: A possible counter-trend in the direction of the support zone at 183.924 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ” indicator signal is existing. The indicator is ”. this is usually a bullish signal. The currency pair could go up.

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Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

184.234 – 184.163 – 183.882 – 183.924 – 183.787 – 183.91 —
184.01100 – 184.18200 —
48.511605202686 – 60.60948938769 —
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184.234 – 1778184000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –