The combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline down.
A bearish descent downwards to the next support at 0 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 183.04300 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
183.739 – 183.572 – 183.766 – 183.082 – 182.57 – 182.761 —
183.38100 – 183.00600 —
43.88869568524 – 47.300793084567 —
– —
183.73900 – 1769677200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Head and Shoulder chart pattern – – – – – – – –