The pair Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline downwards
A descent downwards to the next support at 183.604 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 184.435 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.689 |
| 2nd High | 184.653 |
| Next High | 184.435 |
| Current Price | 184.38400 |
| Next Low | 183.604 |
| 2nd Low | 183.489 |
| 3rd Low | 183.345 |
184.435 – 184 – 184.267 – 183.604 – 183.991 – 183.489 —
184.37300 – 184.42500 —
67.078958939326 – 66.160380672901 —
– —
184.435 – 1775471400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –