EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 166.032 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 165.98200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.11100 |
| 2nd High | 166.03200 |
| Next High | 165.98200 |
| Current Price | 165.94600 |
| Next Low | 164.91500 |
| 2nd Low | 164.88700 |
| 3rd Low | 164.26300 |