The pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 173.653 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 172.307 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 173.906 |
| Next High | 173.653 |
| Current Price | 173.00000 |
| Next Low | 172.307 |
| 2nd Low | 171.234 |
| 3rd Low | 171.113 |
172.906 – 172.741 – 172.674 – 172.307 – 172.488 – 172.714 — 64.470028246773 – 66.370928871544 — 30.185474785182 – 53.422791706603 – 38.020061959402 – 39.603618519485
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double bottom retreat down – –