EUR/JPY – 30M – SELL
The pair jumps from the bullish trendline down.
A bearish descent downwards to the next support at 161.00600 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 163.56800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.86900 |
2nd High | 163.74200 |
Next High | 163.56800 |
Current Price | 162.81300 |
Next Low | 161.00600 |
2nd Low | 158.69600 |
3rd Low | 158.36500 |