EUR/JPY – 1H – BUYThe combination Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 166.74600 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 165.49200 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 166.74600 |
| Current Price | 165.86800 |
| Next Low | 165.49200 |
| 2nd Low | 165.37800 |
| 3rd Low | 164.62100 |
166.74600 – 166.42200 – 165.45600 – 165.49200 – 165.37800 – 164.62100
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji