EUR/JPY – 30M – SELL
The pair jumps from the ascending trendline down.
A descent downwards to the next support line at 160.37400 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 161.15400 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.88900 |
2nd High | 162.79500 |
Next High | 161.15400 |
Current Price | 160.87100 |
Next Low | 160.37400 |
2nd Low | 158.41700 |
3rd Low | 158.33400 |