The combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 180.288 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 179.773 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 180.288 |
| Current Price | 180.27700 |
| Next Low | 179.773 |
| 2nd Low | 179.598 |
| 3rd Low | 179.346 |
180.288 – 180.018 – 180.014 – 179.773 – 179.78 – 179.598 —
179.88600 – 180.18700 —
42.335183708129 – 58.548207922388 —
– —
180.28800 – 1763496000