EUR/JPY – 1H – BUYThe currency pair moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 159.96500 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 157.11600 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 159.96500 |
| Current Price | 159.42500 |
| Next Low | 157.11600 |
| 2nd Low | 157.03700 |
| 3rd Low | 156.04200 |