The pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at is expected.
Caution: A possible change in the direction of the resistance level at 163.30100 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Das Paar Euro/Japanese Yen (EUR/JPY) springt von der absteigenden Trendline abwärts
Eine Fortsetzung der Abwärtsbewegung abwärts zur nächsten Unterstützung bei ist sicher.
Vorsicht: Eine Trendumkehr in Richtung des Widerstands bei 163.30100 könnte ermöglicht werden.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 162.60146 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 163.30100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows