The combination Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 184.457 will persist.
Caution: A possible trend reversal in the direction of the support level at 184.197 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.689 |
| 2nd High | 184.653 |
| Next High | 184.457 |
| Current Price | 184.32800 |
| Next Low | 184.197 |
| 2nd Low | 183.604 |
| 3rd Low | 183.489 |
184.457 – 184.435 – 184 – 184.197 – 183.604 – 183.991 —
184.41100 – 184.36200 —
63.184886893641 – 49.949198005003 —
– —
184.457 – 1775496600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –