EUR/JPY – 30M – SELL

Besides a ‘Inverse Head and Shoulder chart pattern’ chart pattern is discovered. The formation shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish signal. The currency pair is likely to rise.

The combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline down.

The bearish trend down to the next support level at 180.4 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 181.268 could occur.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

180.778 – 180.598 – 180.64 – 180.4 – 180.132 – 180.189 —
181.18200 – 181.26000 —
76.617407508308 – 71.61608309799 —
– —
180.77800 – 1764644400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Inverse Head and Shoulder chart pattern – – – – – – – –