The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 185.356 is expected.
Caution: A possible counter-trend in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 185.456 |
| Next High | 185.356 |
| Current Price | 185.52600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
185.356 – 185.046 – 185.135 – 185.058 – 184.874 – 184.818 —
185.72100 – 185.52800 —
67.427807092665 – 48.501468086771 —
– —
185.356 – 1779795000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –