EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 162.26 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 163.70200 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.02900 |
| 2nd High | 163.97400 |
| Next High | 163.70200 |
| Current Price | 162.71300 |
| Next Low | 162.26000 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |