The currency pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 184.338 is likely expected.
Caution: A possible change in the direction of the resistance level at 185.367 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.315 |
| 2nd High | 186.313 |
| Next High | 185.367 |
| Current Price | 184.79400 |
| Next Low | 184.338 |
| 2nd Low | 184.289 |
| 3rd Low | 183.986 |
185.367 – 185.195 – 186.313 – 184.338 – 184.289 – 184.537 —
184.43700 – 184.92500 —
28.24527377145 – 60.966841051711 —
– —
185.367 – 1781820000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –