EUR/JPY – 30M – BUYThe combination goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 163.42700 is considered certain.
Caution: A possible change in the direction of support at 162.81800 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 163.146 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 163.42700 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.60300 |
| 2nd High | 163.59700 |
| Next High | 163.42700 |
| Current Price | 163.34100 |
| Next Low | 162.81800 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |