EUR/JPY – 1H – SELLThe 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: FOREX – EUR – EUR/JPY – JPY – Northern Doji