EUR/JPY – 30M – SELLThe currency pair goes from the ascending trendline down.
A descending movement down to the next support line at 160.74200 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 162.79500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.90400 |
| 2nd High | 162.88900 |
| Next High | 162.79500 |
| Current Price | 159.64400 |
| Next Low | 160.74200 |
| 2nd Low | 159.85900 |
| 3rd Low | 159.22900 |