The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 181.455 is certain.
Caution: A possible trend reversal in the direction of the support zone at 180.09100 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 182.005 |
| 2nd High | 181.515 |
| Next High | 181.455 |
| Current Price | 181.46600 |
| Next Low | 180.09100 |
| 2nd Low | 179.765 |
| 3rd Low | 178.97 |
181.455 – 181.515 – 182.005 – 180.09100 – 180.132 – 179.765 —
180.55300 – 181.33300 —
43.978235567463 – 58.771734798526 —
180.09100 – 1764921600 —
181.45500 – 1764763200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –