EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 156.64162 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 157.10300 could occur.
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 | 157.10300 |
| Current Price | 156.57200 |
| Next Low | 155.14800 |
| 2nd Low | 154.40400 |
| 3rd Low |