EUR/JPY – 4H – BUYThe currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at will continue.
Caution: A possible trend reversal in the direction of the support level at 162.79300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 166.25600 |
| Next Low | 162.79300 |
| 2nd Low | 161.08200 |
| 3rd Low | 160.97900 |
164.25800 – 163.41100 – 163.38300 – 162.79300 – 162.80300 – 161.08200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers