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: FOREX – EUR – EUR/JPY – JPY – Matching Low