Buy EUR/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 166.074 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 166.07400 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High
Next High 166.07400
Current Price 165.65900
Next Low 165.15300
2nd Low 164.88700
3rd Low 164.26300

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