The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 185.568 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 182.631 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 185.568 |
| Current Price | 183.97600 |
| Next Low | 182.631 |
| 2nd Low | 181.565 |
| 3rd Low | 180.091 |
185.568 – 184.422 – 184.918 – 182.631 – 182.807 – 183.412 —
184.11100 – 183.84200 —
39.290859427196 – 40.167043290551 —
– —
185.56800 – 1768377600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom chart pattern – – – – – – – –