The currency pair Euro/Japanese Yen (EUR/JPY) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 187.361 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. 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 | 187.09000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
187.361 – 187.329 – 187.088 – 186.988 – 187.025 – 186.987 —
187.06800 – 187.15200 —
40.096626395041 – 48.511478504329 —
– —
187.361 – 1776798000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –