EUR/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 162.173 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 162.94500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.59700 |
| 2nd High | 163.42700 |
| Next High | 162.94500 |
| Current Price | 162.31500 |
| Next Low | 162.17300 |
| 2nd Low | 161.90100 |
| 3rd Low | 161.00600 |