EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 162.489 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 162.35400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.49200 |
| 2nd High | 162.48900 |
| Next High | 162.35400 |
| Current Price | 161.72600 |
| Next Low | 161.36800 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |