EUR/JPY – 30M – SELLThe combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 161.80300 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 162.60700 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Das Währungspaar Euro/Japanese Yen (EUR/JPY) springt von der absteigenden Trendline abwärts
Eine Fortsetzung des Abwärtstrends abwärts zur nächsten Unterstützungslinie bei 161.80300 wird weiterlaufen.
Vorsicht: Eine Kursänderung in Richtung des Widerstand-Levels bei 162.60700 könnte eintreten.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 162.182488 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 162.60700 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Down