EUR/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 157.004532 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 156.62200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.51000 |
| 2nd High | 157.50000 |
| Next High | 156.62200 |
| Current Price | 156.60100 |
| Next Low | 155.14800 |
| 2nd Low | 154.40400 |
| 3rd Low |