The currency pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline down.
A bearish trend downwards to the next support at 185.192 will continue.
Caution: A possible change in the direction of the resistance line at 186.201 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.82 |
| 2nd High | 187.554 |
| Next High | 186.201 |
| Current Price | 185.95000 |
| Next Low | 185.192 |
| 2nd Low | 184.653 |
| 3rd Low | 184.6 |
185.952 – 185.552 – 185.468 – 185.192 – 185.249 – 184.653 —
185.88100 – 186.05200 —
58.927323427634 – 68.030564507996 —
– —
185.952 – 1781510400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –