EUR/JPY – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 156.9375 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 157.51000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 158.72700 |
2nd High | 158.63500 |
Next High | 157.51000 |
Current Price | 157.47800 |
Next Low | 156.04200 |
2nd Low | 155.14800 |
3rd Low | 154.40400 |