And also a ‘Inverse Head and Shoulder chart pattern’ chart formation is detected. The chart shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline down.
A bearish descent down to the next support line at 0 will continue.
Caution: A possible trend reversal in the direction of resistance at 0 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 181.05300 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
180.778 – 180.598 – 180.64 – 180.4 – 180.132 – 180.189 —
180.96500 – 181.10500 —
71.923308705269 – 68.361401405519 —
– —
180.77800 – 1764644400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Inverse Head and Shoulder chart pattern – – – – – – – –