Sell EUR/JPY – 30M – SELL

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.

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