EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 162.436 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 162.84900 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.94500 |
| 2nd High | 162.87800 |
| Next High | 162.84900 |
| Current Price | 162.64100 |
| Next Low | 161.99400 |
| 2nd Low | 161.84300 |
| 3rd Low | 161.00600 |