EUR/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 165.029 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 165.02900 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.89600 |
| 2nd High | 165.41800 |
| Next High | 165.02900 |
| Current Price | 164.52600 |
| Next Low | 161.48700 |
| 2nd Low | 161.00600 |
| 3rd Low | 158.69600 |