Sell EUR/JPY – 1H – SELL

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The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 161.36600 will continue.

Caution: A possible change in the direction of the resistance level at 163.36000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 161.29675 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 163.36000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 164.18100
2nd High 163.88100
Next High 163.36000
Current Price 161.74500
Next Low 161.36600
2nd Low 160.73500
3rd Low 160.73200

163.36000 – 162.60600 – 163.02200 – 162.06200 – 161.36600 – 161.61800

Download EUR/JPY Signal Image

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