The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 187.105 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 186.553 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.361 |
| 2nd High | 187.32 |
| Next High | 187.105 |
| Current Price | 186.32400 |
| Next Low | 186.553 |
| 2nd Low | 186.413 |
| 3rd Low | 186.285 |
187.105 – 186.874 – 186.963 – 186.553 – 186.413 – 186.552 —
186.89000 – 186.79400 —
50.435880635755 – 24.038074918602 —
– —
187.105 – 1777305600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –