EUR/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 156.9375 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 157.51000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.72700 |
| 2nd High | 158.63500 |
| Next High | 157.51000 |
| Current Price | 157.47800 |
| Next Low | 156.04200 |
| 2nd Low | 155.14800 |
| 3rd Low | 154.40400 |