The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 184.653 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 183.862 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.768 |
| 2nd High | 184.689 |
| Next High | 184.653 |
| Current Price | 184.31300 |
| Next Low | 183.862 |
| 2nd Low | 183.671 |
| 3rd Low | 183.623 |
184.653 – 184.339 – 184.471 – 183.862 – 183.864 – 183.967 —
184.60200 – 184.30800 —
69.414465588889 – 40.603539908589 —
– —
184.653 – 1774638000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –