EUR/JPY – 30M – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 169.80500 will continue.
Caution: A possible trend reversal in the direction of support at 168.62400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 169.80500 |
| Current Price | 169.41000 |
| Next Low | 168.62400 |
| 2nd Low | 168.55300 |
| 3rd Low | 168.08100 |
169.80500 – 169.28400 – 169.20700 – 168.62400 – 168.74900 – 168.55300
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Inverse Head and Shoulder chart pattern