The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 173.053 is likely expected.
Caution: A possible change in the direction of the support zone at 172.504 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.906 |
| 2nd High | 173.653 |
| Next High | 173.053 |
| Current Price | 172.75300 |
| Next Low | 172.504 |
| 2nd Low | 172.307 |
| 3rd Low | 171.234 |
173.053 – 172.906 – 172.741 – 172.504 – 172.307 – 172.488 — 47.901824075674 – 51.536976397241 — 40.104519681351 – 34.204580073464 – 64.671233897091 – 48.556055593506
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Inverted Hammer – – –