The pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 184.073 is certain.
Caution: A possible counter-trend in the direction of the support zone at 183.403 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.611 |
| 2nd High | 184.327 |
| Next High | 184.073 |
| Current Price | 183.94000 |
| Next Low | 183.403 |
| 2nd Low | 183.053 |
| 3rd Low | 182.652 |
184.073 – 183.761 – 183.63 – 183.403 – 183.053 – 182.652 —
184.07100 – 183.93600 —
75.713034160666 – 50.614778870172 —
– —
184.073 – 1773205200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –