The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 167.21100 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 165.92400 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 167.21100 |
| Current Price | 166.99300 |
| Next Low | 165.92400 |
| 2nd Low | 164.93400 |
| 3rd Low | 164.62100 |
167.21100 – 166.87100 – 166.58700 – 165.92400 – 164.93400 – 165.49200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji