EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 159.54622 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 161.10100 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.79500 |
| 2nd High | 161.18500 |
| Next High | 161.10100 |
| Current Price | 160.04100 |
| Next Low | 160.00400 |
| 2nd Low | 159.22900 |
| 3rd Low | 159.04000 |