EUR/JPY – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 159.96500 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 157.11600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 159.96500 |
| Current Price | 160.93900 |
| Next Low | 157.11600 |
| 2nd Low | 157.03700 |
| 3rd Low | 156.04200 |