EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 171.34900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 171.74700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 171.90700 |
| 2nd High | 171.77900 |
| Next High | 171.74700 |
| Current Price | 171.35100 |
| Next Low | 171.34900 |
| 2nd Low | 171.24800 |
| 3rd Low | 171.11200 |
171.74700 – 171.77900 – 171.90700 – 171.34900 – 171.24800 – 171.50900 — 50.768761885815 – 45.281306727024 — 57.987082809526 – 66.758982429713 – 32.89869676075 – 52.566970010403
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top chart pattern – –