EUR/JPY – 30M – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 162.11200 is expected.
Caution: A possible trend reversal in the direction of the support level at 161.35900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.76900 |
| 2nd High | 162.48600 |
| Next High | 162.11200 |
| Current Price | 161.92800 |
| Next Low | 161.35900 |
| 2nd Low | 160.98500 |
| 3rd Low | 159.90400 |