EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 171.11200 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 172.36000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

172.36000 – 172.69800 – 172.67500 – 171.11200 – 171.99200 – 172.04900 — 51.234502931187 – 48.013247261061 — 35.889392847555 – 35.260621988611 – 27.347528954074 – 33.648896236324

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top chart pattern – –