EUR/JPY – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 164.427548 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 164.67000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.09600 |
| 2nd High | 164.79500 |
| Next High | 164.67000 |
| Current Price | 164.44800 |
| Next Low | 163.80100 |
| 2nd Low | 163.62700 |
| 3rd Low | 163.23800 |