EUR/JPY – 30M – SELLThe pair Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards
The bearish trend down to the next support level at 168.45600 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 169.54200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 169.85900 |
| 2nd High | 169.65700 |
| Next High | 169.54200 |
| Current Price | 169.52400 |
| Next Low | 168.45600 |
| 2nd Low | 168.08100 |
| 3rd Low | 167.90700 |
169.54200 – 169.65700 – 169.85900 – 168.45600 – 168.70300 – 169.17800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Head and Shoulder chart pattern