EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 166.069 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 165.85500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 166.06900 |
| Next High | 165.85500 |
| Current Price | 165.55200 |
| Next Low | 164.26300 |
| 2nd Low | 163.93700 |
| 3rd Low | 163.88000 |