EUR/JPY – 30M – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 183.384 is expected.
Caution: A possible trend reversal in the direction of the support level at 182.652 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.611 |
| 2nd High | 184.327 |
| Next High | 183.384 |
| Current Price | 183.36900 |
| Next Low | 182.652 |
| 2nd Low | 182.398 |
| 3rd Low | 182.367 |
183.319 – 183.384 – 183.261 – 182.652 – 182.398 – 182.367 —
183.39600 – 183.36600 —
58.969559978671 – 58.553294251127 —
– —
183.319 – 1773048600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –