EUR/JPY – 30M – BUYThe combination goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 163.49200 will continue.
Caution: A possible change in the direction of the support zone at 161.00600 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 162.489 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 163.49200 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.86900 |
| 2nd High | 163.74200 |
| Next High | 163.49200 |
| Current Price | 162.94500 |
| Next Low | 161.00600 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |