The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 182.637 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 184.402 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 184.583 |
| Next High | 184.402 |
| Current Price | 183.92400 |
| Next Low | 182.637 |
| 2nd Low | 182.282 |
| 3rd Low | 182.045 |
184.402 – 184.583 – 187.554 – 182.637 – 182.282 – 186.675 —
183.95900 – 184.03100 —
46.668843946164 – 49.394416098839 —
– —
184.402 – 1777874400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –