EUR/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 163.088024 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 162.75900 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.94500 |
| 2nd High | 162.87800 |
| Next High | 162.75900 |
| Current Price | 162.72300 |
| Next Low | 162.33400 |
| 2nd Low | 161.84300 |
| 3rd Low | 161.00600 |