EUR/JPY – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 162.06500 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 162.87800 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.60300 |
| 2nd High | 163.59700 |
| Next High | 162.87800 |
| Current Price | 162.26000 |
| Next Low | 162.06500 |
| 2nd Low | 161.90100 |
| 3rd Low | 161.00600 |