Sell EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 187.361 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 187.948
2nd High 187.82
Next High 187.361
Current Price 187.09000
Next Low
2nd Low
3rd Low

187.361 – 187.329 – 187.088 – 186.988 – 187.025 – 186.987 —
187.06800 – 187.15200 —
40.096626395041 – 48.511478504329 —
– —
187.361 – 1776798000

Trading Signals:

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