Sell EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 183.336 will continue.

Caution: A possible change in the direction of resistance at 183.73 could happen.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Tweezers Top’ candle pattern is discovered. The candles show ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 186.869
2nd High 184.276
Next High 183.73
Current Price 183.83600
Next Low 183.336
2nd Low 183.184
3rd Low 182.079

183.73 – 184.276 – 184.067 – 183.336 – 183.184 – 182.079 —
183.79900 – 183.89900 —
59.012791527349 – 63.351160465496 —
– —
183.73 – 1770087600

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