EUR/JPY – 30M – BUYThe currency pair moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 161.66400 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 160.84500 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.66400 |
| Current Price | 161.75900 |
| Next Low | 160.84500 |
| 2nd Low | 160.83400 |
| 3rd Low | 159.85900 |