EUR/JPY – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 164.185352 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 164.75600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.09600 |
| 2nd High | 165.02900 |
| Next High | 164.75600 |
| Current Price | 164.61100 |
| Next Low | 164.02100 |
| 2nd Low | 163.01700 |
| 3rd Low | 162.84100 |