EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 165.259596 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 165.98200 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.11100 |
| 2nd High | 166.03200 |
| Next High | 165.98200 |
| Current Price | 165.18400 |
| Next Low | 165.02100 |
| 2nd Low | 165.01600 |
| 3rd Low | 164.88700 |