EUR/JPY – 1H – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline down.
A bearish trend downwards to the next support at 157.55500 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 160.33800 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.11200 |
| 2nd High | 162.00700 |
| Next High | 160.33800 |
| Current Price | 158.84600 |
| Next Low | 157.55500 |
| 2nd Low | 156.17400 |
| 3rd Low |