EUR/JPY – 1H – BUYThe currency pair breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 163.60300 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 162.89600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.54000 |
| 2nd High | 163.86900 |
| Next High | 163.60300 |
| Current Price | 163.36000 |
| Next Low | 162.89600 |
| 2nd Low | 162.17300 |
| 3rd Low | 161.90100 |