EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards
The bearish trend down to the next support at 163.06600 is expected.
Caution: A possible change in the direction of the resistance level at 163.83600 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.21100 |
| 2nd High | 163.93900 |
| Next High | 163.83600 |
| Current Price | 163.93800 |
| Next Low | 163.06600 |
| 2nd Low | 162.08600 |
| 3rd Low | 161.08200 |
163.83600 – 163.93900 – 162.97400 – 163.06600 – 162.08600 – 161.08200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Matching Low