EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 163.603 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 163.40600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.74200 |
| 2nd High | 163.60300 |
| Next High | 163.40600 |
| Current Price | 163.36800 |
| Next Low | 162.89600 |
| 2nd Low | 162.17300 |
| 3rd Low | 161.90100 |