EUR/JPY – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 165.145 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 166.35300 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.35300 |
| Current Price | 165.74200 |
| Next Low | 165.01600 |
| 2nd Low | 164.88700 |
| 3rd Low | 163.93700 |