EUR/JPY – 30M – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 164.75600 is likely expected.
Caution: A possible change in the direction of support at 163.79500 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 165.01700 |
| Next High | 164.75600 |
| Current Price | 164.09000 |
| Next Low | 163.79500 |
| 2nd Low | 162.77200 |
| 3rd Low | 161.99400 |