EUR/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 157.6315 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 157.98100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.89000 |
| 2nd High | 158.63300 |
| Next High | 157.98100 |
| Current Price | 157.03900 |
| Next Low | 156.37300 |
| 2nd Low | 156.04200 |
| 3rd Low | 155.14800 |