EUR/JPY – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish trend down to the next support level at 164.29600 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 165.01700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.01700 |
| Current Price | 164.62800 |
| Next Low | 164.29600 |
| 2nd Low | 162.77200 |
| 3rd Low | 161.99400 |