The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.
A descending movement down to the next support line at 184.653 is likely expected.
Caution: A possible change in the direction of resistance at 185.552 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.201 |
| 2nd High | 185.568 |
| Next High | 185.552 |
| Current Price | 185.40500 |
| Next Low | 184.653 |
| 2nd Low | 184.6 |
| 3rd Low | 183.986 |
185.552 – 185.468 – 185.433 – 184.653 – 185.048 – 185.14 —
185.43200 – 185.46600 —
55.168729478917 – 56.968191698921 —
– —
185.552 – 1781256600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –