The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 185.813 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 184.321 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.315 |
| 2nd High | 185.859 |
| Next High | 185.813 |
| Current Price | 185.79400 |
| Next Low | 184.321 |
| 2nd Low | 183.749 |
| 3rd Low | 183.166 |
185.813 – 185.527 – 185.859 – 184.321 – 183.749 – 183.166 —
185.99000 – 185.95600 —
63.972144949052 – 58.437935578822 —
– —
185.813 – 1783612800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –