The combination Euro/Japanese Yen (EUR/JPY) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 186.413 will continue.
Caution: A possible change in the direction of the resistance level at 186.747 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.32 |
| 2nd High | 186.963 |
| Next High | 186.747 |
| Current Price | 186.66100 |
| Next Low | 186.413 |
| 2nd Low | 186.285 |
| 3rd Low | 186.112 |
186.747 – 186.963 – 187.32 – 186.413 – 186.429 – 186.552 —
186.60500 – 186.75300 —
47.381983531633 – 60.393073770316 —
– —
186.747 – 1777006800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –