EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 163.568 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 163.56800 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.86900 |
| 2nd High | 163.74200 |
| Next High | 163.56800 |
| Current Price | 163.34500 |
| Next Low | 162.38500 |
| 2nd Low | 161.90100 |
| 3rd Low | 161.00600 |