EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 186.988 is certain.
Caution: A possible trend reversal in the direction of resistance at 187.361 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.948 |
| 2nd High | 187.82 |
| Next High | 187.361 |
| Current Price | 187.18500 |
| Next Low | 186.988 |
| 2nd Low | 186.987 |
| 3rd Low | 186.753 |
187.361 – 187.329 – 187.088 – 186.988 – 187.025 – 186.987 —
187.15200 – 187.30600 —
48.511477999108 – 63.646844492884 —
– —
187.361 – 1776798000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –