EUR/JPY – 30M – SELLThe combination moves from the bullish trendline downwards
A descending movement downwards to the next support at 161.90100 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 162.81500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.56800 |
| 2nd High | 163.05000 |
| Next High | 162.81500 |
| Current Price | 162.59500 |
| Next Low | 161.90100 |
| 2nd Low | 161.00600 |
| 3rd Low | 158.69600 |