EUR/JPY – 1H – BUYThe pair goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 162.87800 is likely expected.
Caution: A possible trend reversal in the direction of support at 162.09900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.60300 |
| 2nd High | 163.59700 |
| Next High | 162.87800 |
| Current Price | 162.30500 |
| Next Low | 162.09900 |
| 2nd Low | 161.90100 |
| 3rd Low | 161.00600 |