The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
The bearish trend downwards to the next support line at 184.653 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 185.552 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative 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 | 185.29800 |
| Next Low | 184.653 |
| 2nd Low | 184.6 |
| 3rd Low | 183.986 |
185.552 – 185.468 – 185.568 – 184.653 – 185.048 – 184.949 —
185.40100 – 185.48900 —
52.377255083841 – 56.924879639142 —
– —
185.552 – 1781254800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –