EUR/JPY – 1H – SELLThe combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 162.89600 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 163.40600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.86900 |
| 2nd High | 163.60300 |
| Next High | 163.40600 |
| Current Price | 163.29500 |
| Next Low | 162.89600 |
| 2nd Low | 162.17300 |
| 3rd Low | 161.90100 |