Sell EUR/JPY – 1H – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.

A continuation of the downward movement down to the next support line at 163.34000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 164.25800 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 165.21100
Next High 164.25800
Current Price 163.04400
Next Low 163.34000
2nd Low 163.06600
3rd Low 162.08600

164.25800 – 163.83600 – 163.93900 – 163.34000 – 163.06600 – 162.08600

Trading Signals:

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