EUR/JPY – 30M – BUYThe currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
An ascent up to the next resistance line at 163.70200 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 161.48700 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.02900 |
| 2nd High | 163.97400 |
| Next High | 163.70200 |
| Current Price | 163.69800 |
| Next Low | 161.48700 |
| 2nd Low | 161.00600 |
| 3rd Low | 158.69600 |