EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 164.550346 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 164.75400 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.01700 |
| 2nd High | 164.75600 |
| Next High | 164.75400 |
| Current Price | 164.65600 |
| Next Low | 163.93700 |
| 2nd Low | 163.88000 |
| 3rd Low | 163.79500 |