The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards
A descending movement down to the next support level at 183.927 will persist.
Caution: A possible change in the direction of resistance at 184.493 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.324 |
| 2nd High | 184.768 |
| Next High | 184.493 |
| Current Price | 184.39800 |
| Next Low | 183.927 |
| 2nd Low | 183.697 |
| 3rd Low | 183.196 |
184.469 – 184.421 – 184.493 – 183.927 – 183.697 – 183.82 —
184.19500 – 184.49400 —
51.763601315846 – 67.313670493034 —
– —
184.469 – 1772186400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –