EUR/JPY – 30M – BUY

The currency pair goes from the descending trendline upwards

The bullish trend up to the next resistance at 162.87800 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 162.06500 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 162.426552 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 162.87800 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Download EUR/JPY Signal Image

Trading Signals: FOREX – EUR – EUR/JPY – JPY