The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 165.28300 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 164.54900 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.28300 |
| Current Price | 165.26200 |
| Next Low | 164.54900 |
| 2nd Low | 164.33800 |
| 3rd Low | 164.15600 |
165.16600 – 165.28300 – 164.77900 – 164.54900 – 164.33800 – 164.15600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji