EUR/JPY – 30M – SELLThe pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 156.97900 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 158.47800 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.89000 |
| 2nd High | 158.65400 |
| Next High | 158.47800 |
| Current Price | 158.00400 |
| Next Low | 156.97900 |
| 2nd Low | 156.17400 |
| 3rd Low |