EUR/JPY – 4H – BUYThe pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at will persist.
Caution: A possible change in the direction of the support line at 172.13 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 172.88300 |
| Next Low | 172.13 |
| 2nd Low | 171.112 |
| 3rd Low | 168.456 |
172.67 – 172.698 – 172.598 – 172.13 – 172.451 – 171.112 — 53.727536203825 – 53.933526177643 — 40.250377932376 – 70.807318084571 – 20.409951484399 – 40.654467076275
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double bottom retreat down – –