EUR/JPY – 1H – SELLThe combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.
A descending movement down to the next support level at 160.65800 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 162.48600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.02900 |
| 2nd High | 164.75300 |
| Next High | 162.48600 |
| Current Price | 161.97000 |
| Next Low | 160.65800 |
| 2nd Low | 159.10300 |
| 3rd Low | 158.64400 |