The combination Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline down.
A bearish movement down to the next support at 179.78 will continue.
Caution: A possible change in the direction of the resistance zone at 180.288 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘%K cross above 20’ indicator layout is found. The indicator shows ‘%K cross above 20’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 180.288 |
| Current Price | 179.88500 |
| Next Low | 179.78 |
| 2nd Low | 179.598 |
| 3rd Low | 179.346 |
180.288 – 180.018 – 180.014 – 179.78 – 179.598 – 179.346 —
180.14300 – 179.94000 —
54.751231419381 – 40.291959002731 —
– —
180.28800 – 1763496000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top chart pattern – – – –