EUR/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 165.532336 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 166.06900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.06900 |
| Current Price | 165.19600 |
| Next Low | 164.26300 |
| 2nd Low | 163.93700 |
| 3rd Low | 163.88000 |