The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline downwards
A bearish movement downwards to the next support at 164.62100 is likely expected.
Caution: A possible counter-trend in the direction of resistance at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 165.48900 |
| Next Low | 164.62100 |
| 2nd Low | 164.54900 |
| 3rd Low | 164.33800 |
165.45600 – 165.16600 – 165.28300 – 164.62100 – 164.54900 – 164.33800