The pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at is certain.
Caution: A possible counter-trend in the direction of the support level at 168.45600 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 170.15100 |
| Next Low | 168.45600 |
| 2nd Low | 167.90700 |
| 3rd Low | 166.02800 |
169.85900 – 169.71100 – 167.61300 – 168.45600 – 167.90700 – 166.02800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Triple top chart pattern