EUR/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 164.932 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 166.06900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.06900 |
| Current Price | 165.02800 |
| Next Low | 164.26300 |
| 2nd Low | 163.93700 |
| 3rd Low | 163.88000 |