EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 165.331532 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 166.11100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 166.35300 |
| Next High | 166.11100 |
| Current Price | 165.33100 |
| Next Low | 165.01600 |
| 2nd Low | 164.88700 |
| 3rd Low | 164.26300 |