EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 166.074 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at could be enabled.
Consider stop-loss settings accordingly.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 166.20700 |
| Next Low | 165.33400 |
| 2nd Low | 165.15300 |
| 3rd Low | 164.88700 |