EUR/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 181.515 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 181.355 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 182.005 |
| 2nd High | 181.515 |
| Next High | 181.355 |
| Current Price | 181.35000 |
| Next Low | 180.132 |
| 2nd Low | 180.093 |
| 3rd Low | 179.765 |
181.355 – 181.268 – 181.515 – 180.132 – 180.189 – 180.523 —
181.22000 – 181.31900 —
57.686832221302 – 60.344543128734 —
– —
181.35500 – 1764691200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – Double top chart pattern – – – – – – – –