EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards

A bearish descent down to the next support level at 187.1 is expected.

Caution: A possible change in the direction of the resistance line at 187.693 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

187.693 – 187.49 – 187.471 – 187.1 – 187.184 – 187.079 —
187.45400 – 187.53100 —
47.87028351062 – 54.326639453999 —
– —
187.693 – 1776286800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –