EUR/JPY – 30M – SELL
The currency pair goes from the bullish trendline down.
A bearish movement down to the next support level at 158.82500 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 159.96500 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 162.79500 |
2nd High | 160.89000 |
Next High | 159.96500 |
Current Price | 159.21000 |
Next Low | 158.82500 |
2nd Low | 158.33400 |
3rd Low | 157.11600 |