EUR/JPY – 1H – BUYThe pair goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 158.38900 is certain.
Caution: A possible trend reversal in the direction of the support zone at 157.03700 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.72700 |
| 2nd High | 158.63500 |
| Next High | 158.38900 |
| Current Price | 158.60100 |
| Next Low | 157.03700 |
| 2nd Low | 156.04200 |
| 3rd Low | 155.14800 |