EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 162.314 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line 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 | 162.48900 |
| Next Low | 162.31400 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |