EUR/JPY – 30M – BUYThe currency pair jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 158.03100 is certain.
Caution: A possible counter-trend in the direction of the support level at 157.03700 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.63500 |
| 2nd High | 158.38900 |
| Next High | 158.03100 |
| Current Price | 158.08500 |
| Next Low | 157.03700 |
| 2nd Low | 156.04200 |
| 3rd Low | 155.14800 |