The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 163.18400 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 161.20500 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 163.80500 |
2nd High | 163.50600 |
Next High | 163.18400 |
Current Price | 160.45000 |
Next Low | 161.20500 |
2nd Low | 160.89500 |
3rd Low | 159.80200 |