The pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 183.93 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 184.564 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.859 |
| 2nd High | 185.084 |
| Next High | 184.564 |
| Current Price | 184.45600 |
| Next Low | 183.93 |
| 2nd Low | 183.749 |
| 3rd Low | 183.714 |
184.564 – 184.439 – 185.084 – 183.93 – 184.067 – 183.749 —
184.33100 – 184.53900 —
41.754205484563 – 60.660520653479 —
– —
184.564 – 1783067400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –