EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline down.
A bearish trend downwards to the next support at 168.62400 is considered certain.
Caution: A possible change in the direction of the resistance zone at 169.28400 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 169.71100 |
| 2nd High | 169.39500 |
| Next High | 169.28400 |
| Current Price | 169.25300 |
| Next Low | 168.62400 |
| 2nd Low | 168.55300 |
| 3rd Low | 168.08100 |
169.28400 – 169.20700 – 169.39500 – 168.62400 – 168.74900 – 168.55300
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Last Engulfing Top – Double bottom retreat down