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 162.963368 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 163.05000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.74200 |
| 2nd High | 163.56800 |
| Next High | 163.05000 |
| Current Price | 162.45200 |
| Next Low | 162.28800 |
| 2nd Low | 161.00600 |
| 3rd Low | 158.69600 |