The pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 164.62100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 165.49000 |
| Next Low | 164.62100 |
| 2nd Low | 164.54900 |
| 3rd Low | 164.33800 |
165.45600 – 165.16600 – 165.28300 – 164.62100 – 164.54900 – 164.33800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji