The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards
A bearish movement downwards to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 185.462 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 186.201 |
| Next High | 185.462 |
| Current Price | 185.03200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
185.462 – 184.861 – 184.992 – 184.962 – 184.814 – 184.6 —
185.25400 – 185.07500 —
56.164111308589 – 46.384183977275 —
– —
185.462 – 1781020800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –