EUR/JPY – 1H – BUYThe currency pair breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 162.84900 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 161.99400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.59700 |
| 2nd High | 162.87800 |
| Next High | 162.84900 |
| Current Price | 163.04900 |
| Next Low | 161.99400 |
| 2nd Low | 161.84300 |
| 3rd Low | 161.00600 |