EUR/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 161.664 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 161.66400 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.88900 |
| 2nd High | 162.79500 |
| Next High | 161.66400 |
| Current Price | 161.31300 |
| Next Low | 159.85900 |
| 2nd Low | 159.22900 |
| 3rd Low | 159.04000 |