EUR/JPY – 1H – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.

A bearish trend downwards to the next support at 180.801 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 182.169 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 180.801 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 182.169 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

182.169 – 182.294 – 182.278 – 181.12 – 180.801 – 180.845 —
181.39100 – 181.31400 —
37.101121588605 – 40.501763936879 —
– —
182.169 – 1771290000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom chart pattern – – – – – – – –