EUR/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 161.185 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 161.18500 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.18500 |
| Current Price | 160.50400 |
| Next Low | 159.22900 |
| 2nd Low | 159.04000 |
| 3rd Low | 158.41700 |