EUR/JPY – 1H – SELLThe pair jumps from the bullish trendline downwards
A bearish descent down to the next support at 161.99400 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 163.59700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 163.60300 |
| Next High | 163.59700 |
| Current Price | 163.20100 |
| Next Low | 161.99400 |
| 2nd Low | 161.84300 |
| 3rd Low | 161.00600 |