The combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
A bearish movement downwards to the next support at 164.62100 is expected.
Caution: A possible trend reversal in the direction of the resistance line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 165.49700 |
| 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 – Three Outside Down