EUR/JPY – 1H – BUYThe pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 163.31300 will persist.
Caution: A possible trend reversal in the direction of the support line at 161.38200 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 165.02900 |
| 2nd High | 164.89900 |
| Next High | 163.31300 |
| Current Price | 161.92800 |
| Next Low | 161.38200 |
| 2nd Low | 160.89500 |
| 3rd Low | 159.80200 |