The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 0 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 181.24000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
180.85 – 181.263 – 182.005 – 180.346 – 180.093 – 179.765 —
181.34800 – 181.43100 —
70.57585034174 – 70.334686767312 —
– —
180.85000 – 1764079200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –