The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 185.468 is certain.
Caution: A possible counter-trend in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.201 |
| 2nd High | 185.568 |
| Next High | 185.468 |
| Current Price | 185.41500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
185.468 – 185.568 – 185.462 – 184.653 – 185.048 – 184.949 —
185.37900 – 185.54100 —
55.947052054032 – 55.401767443629 —
– —
185.468 – 1781172000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –