EUR/JPY – 30M – SELLThe pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.
A bearish trend down to the next support level at 164.62100 is certain.
Caution: A possible counter-trend in the direction of resistance at 165.45600 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.45600 |
| Current Price | 165.54100 |
| Next Low | 164.62100 |
| 2nd Low | 164.54900 |
| 3rd Low | 164.33800 |
165.45600 – 165.16600 – 165.28300 – 164.62100 – 164.54900 – 164.33800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji