The combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 185.813 is expected.
Caution: A possible reversal of the trend in the direction of support at 184.321 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.315 |
| 2nd High | 185.859 |
| Next High | 185.813 |
| Current Price | 185.90800 |
| Next Low | 184.321 |
| 2nd Low | 183.749 |
| 3rd Low | 183.166 |
185.813 – 185.527 – 185.859 – 184.321 – 183.749 – 183.166 —
185.36300 – 185.54900 —
56.32621965367 – 59.931638609876 —
– —
185.813 – 1783612800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –