EUR/JPY – 30M – BUYThe pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at is certain.
Caution: A possible trend reversal in the direction of the support zone at 165.37800 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 166.06800 |
| Next Low | 165.37800 |
| 2nd Low | 164.62100 |
| 3rd Low | 164.54900 |
165.80900 – 165.45600 – 165.16600 – 165.37800 – 164.62100 – 164.54900