EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 163.6445 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 163.49200 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.41800 |
| 2nd High | 165.02900 |
| Next High | 163.49200 |
| Current Price | 163.05500 |
| Next Low | 162.26000 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |