EUR/JPY – 30M – SELLThe combination moves from the ascending trendline downwards
A descending movement downwards to the next support level at 160.83400 is likely expected.
Caution: A possible change in the direction of the resistance level at 161.66400 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.66400 |
| Current Price | 160.97800 |
| Next Low | 160.83400 |
| 2nd Low | 159.85900 |
| 3rd Low | 159.22900 |