EUR/JPY – 30M – BUYThe currency pair jumps from the bearish trendline up.
A bullish movement up to the next resistance at 165.98200 is certain.
Caution: A possible trend reversal in the direction of the support level at 165.33100 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.11100 |
| 2nd High | 166.03200 |
| Next High | 165.98200 |
| Current Price | 165.27100 |
| Next Low | 165.33100 |
| 2nd Low | 165.20800 |
| 3rd Low | 165.01600 |