EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 165.646604 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 166.00100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 166.07400 |
| Next High | 166.00100 |
| Current Price | 165.49400 |
| Next Low | 165.33400 |
| 2nd Low | 165.15300 |
| 3rd Low | 164.88700 |