EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 165.017 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 165.01700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.01700 |
| Current Price | 164.57200 |
| Next Low | 162.77200 |
| 2nd Low | 161.99400 |
| 3rd Low | 161.84300 |