The combination Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 172.21600 will persist.
Caution: A possible reversal of the trend in the direction of support at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 172.59800 |
| Next High | 172.21600 |
| Current Price | 171.89400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
172.21600 – 172.19800 – 172.59800 – 171.50100 – 170.96400 – 169.86900 — 51.349609764561 – 57.163088512458 — 90.435254401437 – 91.326146903986 – 93.613313996038 – 93.357547073423