EUR/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 158.618972 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 159.41500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.78700 |
| 2nd High | 159.62200 |
| Next High | 159.41500 |
| Current Price | 159.05400 |
| Next Low | 158.33400 |
| 2nd Low | 157.11600 |
| 3rd Low | 157.03700 |