The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 186.747 is expected.
Caution: A possible reversal of the trend in the direction of support at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.32 |
| 2nd High | 186.963 |
| Next High | 186.747 |
| Current Price | 186.80200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
186.747 – 186.963 – 187.32 – 186.413 – 186.429 – 186.552 —
186.64900 – 186.71500 —
52.028318559586 – 52.405389600149 —
– —
186.747 – 1777006800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –