EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 172.504 is considered certain.
Caution: A possible change in the direction of the resistance level at 173.442 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.906 |
| 2nd High | 173.653 |
| Next High | 173.442 |
| Current Price | 173.39500 |
| Next Low | 172.504 |
| 2nd Low | 172.307 |
| 3rd Low | 171.234 |
173.442 – 173.053 – 172.906 – 172.504 – 172.307 – 172.488 — 62.157050910398 – 60.701068571216 — 75.882443503912 – 79.558639446583 – 55.824882957112 – 69.955004041028