EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 168.45600 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 169.54200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

169.54200 – 169.65700 – 169.85900 – 168.45600 – 168.70300 – 169.17800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Head and Shoulder chart pattern