The combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 185.952 is expected.
Caution: A possible change in the direction of the support level at 185.192 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 186.201 |
| Next High | 185.952 |
| Current Price | 186.00300 |
| Next Low | 185.192 |
| 2nd Low | 184.653 |
| 3rd Low | 184.6 |
185.952 – 185.552 – 185.468 – 185.192 – 185.249 – 184.653 —
185.86600 – 186.00900 —
61.678517669857 – 66.789116014996 —
– —
185.952 – 1781510400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –