EUR/JPY – 30M – BUYThe currency pair moves from the descending trendline upwards
An ascent up to the next resistance at 165.89700 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 165.02100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.03200 |
| 2nd High | 165.98200 |
| Next High | 165.89700 |
| Current Price | 165.25200 |
| Next Low | 165.02100 |
| 2nd Low | 165.01600 |
| 3rd Low | 164.88700 |