EUR/JPY – 30M – SELLThe pair goes from the bullish trendline down.
A descending movement down to the next support at 161.36800 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 162.35400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.49200 |
| 2nd High | 162.48900 |
| Next High | 162.35400 |
| Current Price | 161.69700 |
| Next Low | 161.36800 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |