EUR/JPY – 30M – SELLThe currency pair goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 161.36800 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 162.48900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.74200 |
| 2nd High | 163.49200 |
| Next High | 162.48900 |
| Current Price | 161.87200 |
| Next Low | 161.36800 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |