EUR/JPY – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 165.01700 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 162.77200 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.01700 |
| Current Price | 164.36900 |
| Next Low | 162.77200 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |