EUR/JPY – 30M – SELLThe combination Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 182.788 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 184.402 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.583 |
| 2nd High | 184.451 |
| Next High | 184.402 |
| Current Price | 183.74200 |
| Next Low | 182.788 |
| 2nd Low | 182.637 |
| 3rd Low | 182.282 |
184.402 – 184.451 – 184.583 – 182.788 – 182.637 – 182.282 —
183.94300 – 183.96800 —
49.395411988409 – 47.725002518104 —
– —
184.402 – 1777874400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –