EUR/JPY – 30M – BUYThe currency pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 164.75300 is considered certain.
Caution: A possible change in the direction of the support level at 163.15500 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.41800 |
| 2nd High | 165.02900 |
| Next High | 164.75300 |
| Current Price | 163.52800 |
| Next Low | 163.15500 |
| 2nd Low | 161.48700 |
| 3rd Low | 161.00600 |