Moreover a ‘Double top retreat up’ chart pattern is found. The formation shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline down.
A bearish movement downwards to the next support at 0 will continue.
Caution: A possible trend reversal in the direction of resistance at 0 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 180.56800 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
181.268 – 181.515 – 181.458 – 180.523 – 180.751 – 180.346 —
181.16000 – 180.53800 —
43.009597001668 – 34.087405116329 —
– —
181.26800 – 1764360000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top retreat up – – – – – – – –