The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 183.95 will persist.
Caution: A possible change in the direction of the support level at 182.631 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ” indicator layout is found. The indicator shows ”. this is usually a bullish signal. The currency pair is likely to rise.
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And also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.422 |
| 2nd High | 184.061 |
| Next High | 183.95 |
| Current Price | 184.19900 |
| Next Low | 182.631 |
| 2nd Low | 182.196 |
| 3rd Low | 181.565 |
183.95 – 183.246 – 183.246 – 182.631 – 182.707 – 182.807 —
183.90000 – 183.92900 —
68.711890017789 – 64.522904168419 —
– —
183.95000 – 1767981600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top retreat up – – – – – – – –