The pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 183.986 will continue.
Caution: A possible change in the direction of the resistance line at 185.568 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.
Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 186.201 |
| Next High | 185.568 |
| Current Price | 185.29000 |
| Next Low | 183.986 |
| 2nd Low | 182.282 |
| 3rd Low | 182.045 |
185.568 – 186.201 – 186.2 – 183.986 – 185.118 – 184.891 —
185.28700 – 185.47000 —
51.096367617824 – 54.330110503953 —
– —
185.568 – 1781107200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –