The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 182.129 will persist.
Caution: A possible counter-trend in the direction of the support level at 180.845 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.324 |
| 2nd High | 183.004 |
| Next High | 182.129 |
| Current Price | 181.74700 |
| Next Low | 180.845 |
| 2nd Low | 180.49 |
| 3rd Low | 180.091 |
182.129 – 183.004 – 185.324 – 180.845 – 181.334 – 182.211 —
181.31100 – 181.71700 —
37.992000103861 – 49.356240091876 —
– —
182.129 – 1770863400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –