The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at is certain.
Caution: A possible counter-trend in the direction of support at 165.37800 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 166.15700 |
| Next Low | 165.37800 |
| 2nd Low | 164.62100 |
| 3rd Low | 164.54900 |
165.80900 – 165.45600 – 165.16600 – 165.37800 – 164.62100 – 164.54900
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji