EUR/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 185.2925 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 185.939 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.869 |
| 2nd High | 186.232 |
| Next High | 185.939 |
| Current Price | 185.75800 |
| Next Low | 185.30700 |
| 2nd Low | 184.861 |
| 3rd Low | 184.353 |
185.939 – 186.232 – 185.501 – 185.30700 – 184.861 – 184.353 —
185.58300 – 185.82000 —
44.168827555632 – 57.713632045342 —
185.30700 – 1770654600 —
185.939 – 1770640200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –