The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline downwards
A descending movement downwards to the next support level at 183.714 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 184.82400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 184.843 |
| Next High | 184.82400 |
| Current Price | 184.20000 |
| Next Low | 183.714 |
| 2nd Low | 183.408 |
| 3rd Low | 183.166 |
184.82400 – 184.097 – 184.028 – 183.714 – 183.408 – 183.526 —
184.82400 – 184.35000 —
77.450844916771 – 49.350696203326 —
184.82400 – 1782487800 —
– 1782487800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –