EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 163.568 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 163.56800 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.86900 |
| 2nd High | 163.74200 |
| Next High | 163.56800 |
| Current Price | 162.73500 |
| Next Low | 161.00600 |
| 2nd Low | 158.69600 |
| 3rd Low | 158.36500 |