EUR/JPY – 1H – SELLThe combination Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline downwards
A bearish trend down to the next support level at 165.37800 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 166.42200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.42200 |
| Current Price | 165.67400 |
| Next Low | 165.37800 |
| 2nd Low | 164.62100 |
| 3rd Low | 164.54900 |
166.42200 – 165.45600 – 165.28300 – 165.37800 – 164.62100 – 164.54900
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji