EUR/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 163.603 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 163.60300 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.54000 |
| 2nd High | 163.86900 |
| Next High | 163.60300 |
| Current Price | 163.33600 |
| Next Low | 162.17300 |
| 2nd Low | 161.90100 |
| 3rd Low | 161.00600 |