EUR/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 158.769308 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 159.57100 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.00700 |
| 2nd High | 160.33800 |
| Next High | 159.57100 |
| Current Price | 158.02300 |
| Next Low | 157.55500 |
| 2nd Low | 156.17400 |
| 3rd Low |