EUR/JPY – 1H – SELLThe pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.
A bearish descent down to the next support at 159.36800 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 159.98800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.33800 |
| 2nd High | 160.06400 |
| Next High | 159.98800 |
| Current Price | 159.75300 |
| Next Low | 159.36800 |
| 2nd Low | 157.86000 |
| 3rd Low | 157.55500 |