The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 185.367 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 184.295 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.315 |
| 2nd High | 186.313 |
| Next High | 185.367 |
| Current Price | 185.02600 |
| Next Low | 184.295 |
| 2nd Low | 184.289 |
| 3rd Low | 183.986 |
185.367 – 185.195 – 186.313 – 184.295 – 184.338 – 184.289 —
184.89800 – 184.95600 —
57.696997954181 – 58.398033799415 —
– —
185.367 – 1781820000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –