The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 184.24 is considered certain.
Caution: A possible change in the direction of the support zone at 183.489 could occur.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.689 |
| 2nd High | 184.653 |
| Next High | 184.24 |
| Current Price | 184.23200 |
| Next Low | 183.489 |
| 2nd Low | 182.822 |
| 3rd Low | 182.586 |
184.2 – 184.24 – 183.647 – 183.489 – 182.822 – 182.586 —
184.17500 – 184.24500 —
58.408563816892 – 60.844339115057 —
– —
184.2 – 1775160000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –