EUR/JPY – 30M – SELLThe combination Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 182.707 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 183.23 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 183.381 |
| 2nd High | 183.369 |
| Next High | 183.23 |
| Current Price | 183.01700 |
| Next Low | 182.707 |
| 2nd Low | 182.196 |
| 3rd Low | 181.565 |
183.23 – 183.369 – 183.381 – 182.707 – 183.006 – 183.009 —
183.01100 – 183.24600 —
44.306141085494 – 63.809748367801 —
– —
183.23000 – 1767810600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –