The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline down.
A descending movement down to the next support at 184.653 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 186.201 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘StochRSI Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Bearish Divergence’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.948 |
| 2nd High | 187.554 |
| Next High | 186.201 |
| Current Price | 185.73200 |
| Next Low | 184.653 |
| 2nd Low | 184.6 |
| 3rd Low | 183.986 |
185.552 – 185.468 – 185.568 – 184.653 – 185.048 – 184.949 —
185.48900 – 185.84800 —
56.92487897094 – 66.235613675156 —
– —
185.552 – 1781254800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –