The pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline downwards
A descent downwards to the next support line at 0 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 182.87100 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
184.422 – 184.918 – 183.153 – 182.807 – 183.412 – 183.283 —
182.95600 – 183.10700 —
36.033692331946 – 44.10882597654 —
– —
184.42200 – 1767326400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom chart pattern – – – – – – – –