EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 170.96400 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 172.21600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 172.59800 |
| Next High | 172.21600 |
| Current Price | 171.60300 |
| Next Low | 170.96400 |
| 2nd Low | 169.86900 |
| 3rd Low | 169.84900 |
172.21600 – 172.19800 – 172.59800 – 170.96400 – 169.86900 – 169.84900 — 47.547837269364 – 41.74907976179 — 75.058859512574 – 70.092554922701 – 63.992492938982 – 71.071162684293