EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 159.965 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 159.96500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.79500 |
| 2nd High | 160.89000 |
| Next High | 159.96500 |
| Current Price | 159.89600 |
| Next Low | 158.82500 |
| 2nd Low | 158.33400 |
| 3rd Low | 157.11600 |