EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at is certain.
Caution: A possible reversal of the trend in the direction of the support line at 166.02800 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 167.86600 |
| Next Low | 166.02800 |
| 2nd Low | 164.93400 |
| 3rd Low | 164.62100 |
167.31300 – 167.05300 – 167.61300 – 166.02800 – 166.32000 – 166.69900