The combination Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 183.49200 is considered certain.
Caution: A possible change in the direction of the resistance zone at 184.186 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.677 |
| 2nd High | 184.63 |
| Next High | 184.186 |
| Current Price | 183.66800 |
| Next Low | 183.49200 |
| 2nd Low | 183.452 |
| 3rd Low |
184.186 – 184.63 – 184.613 – 183.49200 – 183.452 – 183.86 —
183.69300 – 183.80800 —
39.106485402782 – 48.518132877253 —
183.49200 – 1768559400 —
184.18600 – 1768525200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –