The pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 183.153 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 182.008 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.232 |
| 2nd High | 185.995 |
| Next High | 183.153 |
| Current Price | 182.55500 |
| Next Low | 182.008 |
| 2nd Low | 180.816 |
| 3rd Low | 180.801 |
183.153 – 182.539 – 181.787 – 182.008 – 180.816 – 181.12 —
182.53000 – 182.47500 —
53.921375371194 – 49.005869355823 —
– —
183.153 – 1771488000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –