Sell EUR/JPY – 30M – SELL

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

A continuation of the downtrend down to the next support at 186.753 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 187.32 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 186.753 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 187.32 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 187.82
2nd High 187.361
Next High 187.32
Current Price 186.80300
Next Low 186.753
2nd Low 186.285
3rd Low 186.112

187.32 – 187.361 – 187.329 – 186.988 – 187.025 – 186.987 —
187.01500 – 186.85100 —
34.163012231689 – 39.441269479385 —
– —
187.32 – 1776859200

Trading Signals:

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