The combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 184.016 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 185.093 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.313 |
| 2nd High | 185.391 |
| Next High | 185.093 |
| Current Price | 184.95100 |
| Next Low | 184.016 |
| 2nd Low | 183.714 |
| 3rd Low | 183.408 |
185.093 – 184.67 – 184.824 – 184.016 – 183.714 – 183.408 —
184.98300 – 185.35500 —
63.163664706722 – 65.45280535615 —
– —
185.093 – 1782768600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –