The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 186.869 will continue.
Caution: A possible change in the direction of the support level at 184.675 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 186.869 |
| Current Price | 185.17700 |
| Next Low | 184.675 |
| 2nd Low | 183.336 |
| 3rd Low | 183.184 |
184.276 – 183.739 – 183.572 – 184.675 – 183.336 – 183.184 —
185.49300 – 185.26900 —
65.818566076335 – 52.248664691249 —
– —
184.276 – 1770001200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –