EUR/JPY – 30M – SELLThe currency pair goes from the bullish trendline down.
A bearish movement downwards to the next support at 158.41700 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 161.15400 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.15400 |
| Current Price | 160.55300 |
| Next Low | 158.41700 |
| 2nd Low | 158.33400 |
| 3rd Low | 157.11600 |