EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 163.146 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 163.42700 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.60300 |
| 2nd High | 163.59700 |
| Next High | 163.42700 |
| Current Price | 163.28500 |
| Next Low | 161.99400 |
| 2nd Low | 161.84300 |
| 3rd Low | 161.00600 |