The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 185.249 is certain.
Caution: A possible change in the direction of resistance at 185.552 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart 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 | 185.41900 |
| Next Low | 185.249 |
| 2nd Low | 184.653 |
| 3rd Low | 184.6 |
185.552 – 185.468 – 185.433 – 185.249 – 184.653 – 185.048 —
185.46600 – 185.46500 —
56.968192574051 – 54.762996890075 —
– —
185.552 – 1781256600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –