EUR/JPY – 1H – SELL
The pair jumps from the ascending trendline down.
A bearish trend down to the next support level at 162.38500 is considered certain.
Caution: A possible change in the direction of the resistance level at 163.60300 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 166.54000 |
2nd High | 163.86900 |
Next High | 163.60300 |
Current Price | 162.44400 |
Next Low | 162.38500 |
2nd Low | 161.90100 |
3rd Low | 161.00600 |