EUR/JPY – 1H – SELLThe combination Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards
A descending movement down to the next support level at 164.54900 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 165.28300 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.28300 |
| Current Price | 164.74300 |
| Next Low | 164.54900 |
| 2nd Low | 162.87000 |
| 3rd Low | 162.79300 |
165.28300 – 164.67000 – 164.23800 – 164.54900 – 162.87000 – 162.79300
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Down