The combination Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 184.073 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 183.403 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.768 |
| 2nd High | 184.689 |
| Next High | 184.073 |
| Current Price | 183.80600 |
| Next Low | 183.403 |
| 2nd Low | 183.053 |
| 3rd Low | 182.367 |
184.073 – 183.761 – 183.63 – 183.403 – 183.053 – 182.367 —
183.94100 – 183.82000 —
62.168130432299 – 50.090797495926 —
– —
184.073 – 1773205200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –