The pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline down.
A bearish movement downwards to the next support line at 184.653 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 185.552 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.201 |
| 2nd High | 185.568 |
| Next High | 185.552 |
| Current Price | 185.41800 |
| Next Low | 184.653 |
| 2nd Low | 184.6 |
| 3rd Low | 183.986 |
185.552 – 185.468 – 185.433 – 184.653 – 185.048 – 185.14 —
185.40100 – 185.54200 —
50.20678348459 – 60.466225990659 —
– —
185.552 – 1781256600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –