EUR/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 162.65651 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 162.63600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.87800 |
| 2nd High | 162.84900 |
| Next High | 162.63600 |
| Current Price | 162.55500 |
| Next Low | 162.29500 |
| 2nd Low | 162.17900 |
| 3rd Low | 161.84300 |