EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 158.561 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 159.65200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.74200 |
| 2nd High | 163.49200 |
| Next High | 159.65200 |
| Current Price | 159.54400 |
| Next Low | 158.56100 |
| 2nd Low | 158.41700 |
| 3rd Low | 158.33400 |