EUR/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 163.5055 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 164.75600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 165.01700 |
| Next High | 164.75600 |
| Current Price | 163.96300 |
| Next Low | 162.77200 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |