EUR/JPY – 30M – SELLThe currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 172.504 is expected.
Caution: A possible trend reversal in the direction of resistance at 173.053 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.906 |
| 2nd High | 173.653 |
| Next High | 173.053 |
| Current Price | 172.76000 |
| Next Low | 172.504 |
| 2nd Low | 172.307 |
| 3rd Low | 171.234 |
173.053 – 172.906 – 172.741 – 172.504 – 172.307 – 172.488 — 53.499815698895 – 51.597605613653 — 75.787534381649 – 82.788462525129 – 68.266818897365 – 74.047276011499
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – –