The combination Euro/Japanese Yen (EUR/JPY) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 185.048 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 185.43300 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.201 |
| 2nd High | 185.568 |
| Next High | 185.43300 |
| Current Price | 185.35800 |
| Next Low | 185.048 |
| 2nd Low | 184.949 |
| 3rd Low | 184.814 |
185.43300 – 185.568 – 185.462 – 185.048 – 185.14 – 184.949 —
185.43300 – 185.39600 —
62.049396345712 – 58.165261009405 —
185.43300 – 1781152200 —
– 1781152200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –