EUR/JPY – 30M – SELLThe currency pair goes from the bullish trendline down.
A bearish movement down to the next support level at 158.82500 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 159.96500 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.79500 |
| 2nd High | 160.89000 |
| Next High | 159.96500 |
| Current Price | 159.21000 |
| Next Low | 158.82500 |
| 2nd Low | 158.33400 |
| 3rd Low | 157.11600 |