EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 156.057636 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 156.21800 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.50000 |
| 2nd High | 156.62200 |
| Next High | 156.21800 |
| Current Price | 155.91300 |
| Next Low | 155.60900 |
| 2nd Low | 155.45600 |
| 3rd Low | 154.40400 |