The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline downwards
The bearish trend down to the next support level at 187.1 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 187.693 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 187.693 |
| Current Price | 187.49100 |
| Next Low | 187.1 |
| 2nd Low | 187.079 |
| 3rd Low | 186.48 |
187.693 – 187.49 – 187.471 – 187.1 – 187.184 – 187.079 —
187.67500 – 187.54800 —
61.818716286656 – 52.012363590223 —
– —
187.693 – 1776286800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –