EUR/JPY – 1H – SELL

The pair goes from the bullish trendline downwards

A descent down to the next support level at 165.15300 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 166.07400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 165.536156 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 166.07400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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Trading Signals: FOREX – EUR – EUR/JPY – JPY