EUR/JPY – 30M – SELLThe combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 165.49200 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 166.42200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.42200 |
| Current Price | 166.35200 |
| Next Low | 165.49200 |
| 2nd Low | 165.37800 |
| 3rd Low | 164.62100 |
166.42200 – 165.80900 – 165.45600 – 165.49200 – 165.84900 – 165.37800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji