Sell EUR/JPY – 1H – SELL

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 183.189 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 184.241 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 184.689
2nd High 184.333
Next High 184.241
Current Price 183.71100
Next Low 183.178
2nd Low 182.045
3rd Low 181.866

184.241 – 184.333 – 183.827 – 183.178 – 182.045 – 182.978 —
183.99000 – 183.97900 —
53.215712222915 – 53.932090011865 —
– —
184.241 – 1774285200

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