EUR/JPY – 30M – SELLThe pair jumps from the ascending trendline down.
A descent downwards to the next support line at 160.37400 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 161.15400 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.15400 |
| Current Price | 160.87100 |
| Next Low | 160.37400 |
| 2nd Low | 158.41700 |
| 3rd Low | 158.33400 |