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 165.792962 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 165.98200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.11100 |
| 2nd High | 166.03200 |
| Next High | 165.98200 |
| Current Price | 165.91000 |
| Next Low | 164.91500 |
| 2nd Low | 164.88700 |
| 3rd Low | 164.26300 |