Sell EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 184.818 is likely expected.

Caution: A possible change in the direction of the resistance line at 185.438 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 185.568
2nd High 185.536
Next High 185.438
Current Price 185.05100
Next Low 184.818
2nd Low 183.767
3rd Low 183.482

185.438 – 185.536 – 185.205 – 184.818 – 183.767 – 183.482 —
185.08700 – 185.40600 —
40.684850999625 – 57.41680094159 —
– —
185.43800 – 1768982400

Trading Signals:

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