The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 183.489 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 184.2 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.653 |
| 2nd High | 184.24 |
| Next High | 184.2 |
| Current Price | 184.07500 |
| Next Low | 183.489 |
| 2nd Low | 183.345 |
| 3rd Low | 183.265 |
184.2 – 184.151 – 184.24 – 183.489 – 183.669 – 183.345 —
184.09100 – 184.18700 —
55.593298163272 – 61.14630890093 —
– —
184.2 – 1775160000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –