EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 165.28300 is considered certain.
Caution: A possible trend reversal in the direction of support at 164.54900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.28300 |
| Current Price | 165.21500 |
| Next Low | 164.54900 |
| 2nd Low | 162.87000 |
| 3rd Low | 162.79300 |
165.28300 – 164.67000 – 164.23800 – 164.54900 – 162.87000 – 162.79300