Buy EUR/JPY – 1H – BUY

The 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:

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