EUR/JPY – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descending movement down to the next support level at 184.691 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 185.50100 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘StochRSI Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.

185.50100 – 185.277 – 185.241 – 184.691 – 184.675 – 183.728 —
185.50100 – 185.35200 —
64.236968156832 – 59.722567394627 —
185.50100 – 1770285600 —
– 1770285600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –