Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 162.479548 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 163.38300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Down