The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 184.031 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 182.788 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.451 |
| 2nd High | 184.402 |
| Next High | 184.031 |
| Current Price | 183.86700 |
| Next Low | 182.788 |
| 2nd Low | 182.637 |
| 3rd Low | 182.282 |
184.031 – 184.402 – 184.451 – 182.788 – 182.637 – 182.282 —
184.01300 – 183.86300 —
48.091459239288 – 41.277701539323 —
– —
184.031 – 1777908600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –