EUR/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 164.328 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 165.02900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.89600 |
| 2nd High | 165.41800 |
| Next High | 165.02900 |
| Current Price | 164.44800 |
| Next Low | 164.34400 |
| 2nd Low | 163.80100 |
| 3rd Low | 163.62700 |