EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards
A bearish descent downwards to the next support at 0 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 179.88100 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
180.014 – 179.714 – 179.968 – 179.346 – 179.26 – 178.97 —
179.99400 – 179.96600 —
61.587257233099 – 55.747799389904 —
– —
180.01400 – 1763400600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – –