The combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 182.807 is expected.
Caution: A possible change in the direction of resistance at 183.643 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.422 |
| 2nd High | 184.061 |
| Next High | 183.643 |
| Current Price | 183.09200 |
| Next Low | 182.807 |
| 2nd Low | 182.196 |
| 3rd Low | 181.565 |
183.643 – 184.061 – 184.422 – 182.807 – 183.709 – 183.534 —
183.25800 – 183.34800 —
42.580113222171 – 52.128841790283 —
– —
183.64300 – 1767664800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –