The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at will persist.
Caution: A possible change in the direction of resistance at 183.572 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.869 |
| 2nd High | 183.766 |
| Next High | 183.572 |
| Current Price | 183.35900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.572 – 183.766 – 183.685 – 182.57 – 182.761 – 182.099 —
183.48300 – 183.26800 —
60.874468139224 – 53.228514957968 —
– —
183.57200 – 1769623200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom chart pattern – – – – – – – –