The combination Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline downwards
A bearish movement down to the next support at is certain.
Caution: A possible change in the direction of the resistance line at 173.409 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 173.409 |
| Current Price | 172.74800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
173.409 – 171.706 – 171.788 – 172.751 – 171.234 – 171.264 — 41.260855374817 – 37.026527604347 — 2.5542695114582 – 2.5542695114582 – 6.9522327746052 – 2.4651596193707
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Triple bottom chart pattern – –