The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 183.787 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 184.234 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 185.035 |
| Next High | 184.234 |
| Current Price | 183.98900 |
| Next Low | 183.787 |
| 2nd Low | 183.487 |
| 3rd Low | 182.039 |
184.234 – 184.163 – 183.882 – 183.787 – 183.91 – 183.487 —
184.03400 – 184.08600 —
49.30593599538 – 55.246859093279 —
– —
184.234 – 1778184000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –