EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 161.195 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 162.11200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.76900 |
| 2nd High | 162.48600 |
| Next High | 162.11200 |
| Current Price | 161.72800 |
| Next Low | 160.57000 |
| 2nd Low | 159.90400 |
| 3rd Low | 158.69600 |