EUR/JPY – 1H – SELLThe currency pair jumps from the bullish trendline down.
A bearish trend down to the next support at 158.41700 will persist.
Caution: A possible change in the direction of the resistance line at 161.15400 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.15400 |
| Current Price | 160.56700 |
| Next Low | 158.41700 |
| 2nd Low | 157.11600 |
| 3rd Low | 157.03700 |