EUR/JPY – 1H – BUYThe combination moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 164.65100 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 163.57500 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 166.11100 |
| 2nd High | 166.09600 |
| Next High | 164.65100 |
| Current Price | 163.93600 |
| Next Low | 163.57500 |
| 2nd Low | 163.20300 |
| 3rd Low | 162.77200 |