EUR/JPY – 1H – BUYThe pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 169.80500 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 168.62400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 169.80500 |
| Current Price | 169.02100 |
| Next Low | 168.62400 |
| 2nd Low | 168.55300 |
| 3rd Low | 167.90700 |
169.80500 – 169.39500 – 169.71100 – 168.62400 – 168.55300 – 167.90700