The combination Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 0 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 179.65600 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
178.819 – 178.228 – 176.453 – 178.97 – 175.697 – 176.631 —
179.64100 – 180.01800 —
61.224346080254 – 65.181000398006 —
– —
178.81900 – 1761825600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – –