EUR/JPY – 4H – BUYThe combination Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 164.75300 will persist.
Caution: A possible trend reversal in the direction of the support zone at 159.80200 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 165.02900 |
| Next High | 164.75300 |
| Current Price | 164.67500 |
| Next Low | 159.80200 |
| 2nd Low | 158.64400 |
| 3rd Low | 157.86000 |