The currency pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 164.54900 will continue.
Caution: A possible counter-trend in the direction of resistance at 165.28300 is also possible.
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 | 165.13700 |
| Next Low | 164.54900 |
| 2nd Low | 162.87000 |
| 3rd Low | 162.79300 |
165.28300 – 164.67000 – 164.23800 – 164.54900 – 162.87000 – 162.79300