The pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 182.807 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 183.643 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.422 |
| 2nd High | 184.061 |
| Next High | 183.643 |
| Current Price | 182.92100 |
| Next Low | 182.807 |
| 2nd Low | 182.196 |
| 3rd Low | 181.565 |
183.643 – 184.061 – 184.422 – 182.807 – 183.709 – 183.534 —
183.24000 – 182.98400 —
46.358857135256 – 43.895380623047 —
– —
183.64300 – 1767664800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom retreat down – – – – – – – –