EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 165.45600 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 164.62100 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.45600 |
| Current Price | 165.89600 |
| Next Low | 164.62100 |
| 2nd Low | 164.54900 |
| 3rd Low | 162.87000 |
165.45600 – 165.28300 – 164.67000 – 164.62100 – 164.54900 – 162.87000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji