EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards
A descending movement down to the next support level at 159.24900 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 160.12300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.00700 |
| 2nd High | 160.70500 |
| Next High | 160.12300 |
| Current Price | 159.96700 |
| Next Low | 159.24900 |
| 2nd Low | 159.09000 |
| 3rd Low | 158.69600 |