EUR/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 165.793868 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 166.00100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 166.07400 |
| Next High | 166.00100 |
| Current Price | 165.79500 |
| Next Low | 165.56000 |
| 2nd Low | 165.33400 |
| 3rd Low | 165.15300 |