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EUR/JPY Potential Upward Movement

EUR/JPY Long-Term Trend: Bullish

Key Resistance Levels: 147.27, 147.51, 147.89

Key Support Levels: 146.85, 146.66, 146.187

4-Hour Chart:

The price on the higher time frame has been in an uptrend for some time after it tested a level of 143.66 and continued the bullish momentum. Recently the pair has tested another level of 146.26 and bouncing back which suggests bullish trend.

EUR/JPY Medium-Term Trend: Bullish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 146.187 and 146.664 and sustained above that. Recently the pair has broken and retested a minor level of 146.85 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 147.016

TP @ 147.224

Stop Loss @ 146.809

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Sir I’m christopher khoza from south Africa I really love ur signals so far they are 100%accurate

  2. Hmm….i thought this trade on EUR/JPY hit Stop Loss at 146.809?

  3. I am MUTUYIMANA From RWANDA /Kigali .Thank you Sir! Now now my TP is hited. GOD BLEESS YOU!

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