The combination Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.
The bearish trend downwards to the next support level at 186.675 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 187.412 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.948 |
| 2nd High | 187.82 |
| Next High | 187.412 |
| Current Price | 187.19700 |
| Next Low | 186.675 |
| 2nd Low | 186.065 |
| 3rd Low | 184.824 |
187.412 – 186.945 – 186.816 – 186.675 – 186.755 – 186.065 —
187.13600 – 187.29800 —
52.558462747014 – 62.891541949203 —
– —
187.412 – 1777487400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –