EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 161.590912 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 162.00700 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.48600 |
| 2nd High | 162.11200 |
| Next High | 162.00700 |
| Current Price | 161.15200 |
| Next Low | 160.57000 |
| 2nd Low | 159.90400 |
| 3rd Low | 158.69600 |