EUR/JPY – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 161.10100 will persist.
Caution: A possible reversal of the trend in the direction of support at 159.85900 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.79500 |
| 2nd High | 161.18500 |
| Next High | 161.10100 |
| Current Price | 161.40600 |
| Next Low | 159.85900 |
| 2nd Low | 159.22900 |
| 3rd Low | 159.04000 |