EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 163.80100 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 165.02900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.89600 |
| 2nd High | 165.41800 |
| Next High | 165.02900 |
| Current Price | 163.24200 |
| Next Low | 163.80100 |
| 2nd Low | 163.62700 |
| 3rd Low | 163.23800 |