EUR/JPY – 30M – SELLThe pair goes from the bullish trendline downwards
A bearish movement down to the next support line at 161.00600 is considered certain.
Caution: A possible change in the direction of the resistance zone at 163.56800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.86900 |
| 2nd High | 163.74200 |
| Next High | 163.56800 |
| Current Price | 162.75000 |
| Next Low | 161.00600 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |