EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 180.801 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 182.169 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ” indicator layout is existing. The indicator is ”. which is often a bearish chart signal. The currency pair is likely to fall.

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Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 180.801 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 182.169 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

182.169 – 182.004 – 182.294 – 181.695 – 181.12 – 181.241 —
181.40500 – 181.14400 —
31.897587108463 – 37.309738341953 —
– —
182.169 – 1771291800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double bottom retreat down – – – – – – – –