EUR/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 158.027006 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 157.51000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.72700 |
| 2nd High | 158.63500 |
| Next High | 157.51000 |
| Current Price | 157.30300 |
| Next Low | 156.61700 |
| 2nd Low | 155.45600 |
| 3rd Low | 154.40400 |