EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 165.28300 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 165.28300 |
| Current Price | 165.17400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
165.28300 – 164.67000 – 164.23800 – 164.54900 – 162.87000 – 162.79300
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji