EUR/JPY – 30M – SELLThe pair jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 165.33100 is likely expected.
Caution: A possible change in the direction of the resistance line at 166.03200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.35300 |
| 2nd High | 166.11100 |
| Next High | 166.03200 |
| Current Price | 165.47300 |
| Next Low | 165.33100 |
| 2nd Low | 165.20800 |
| 3rd Low | 165.01600 |