EUR/JPY – 30M – BUYThe pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 184.451 will persist.
Caution: A possible trend reversal in the direction of the support level at 182.637 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 184.918 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 184.451 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.554 |
| 2nd High | 184.583 |
| Next High | 184.451 |
| Current Price | 183.84300 |
| Next Low | 182.637 |
| 2nd Low | 182.282 |
| 3rd Low | 182.045 |
184.451 – 184.583 – 187.554 – 182.637 – 182.282 – 187.039 —
184.06000 – 184.39800 —
47.669155629938 – 30.189230185842 —
– —
184.451 – 1777656600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – – – – – – – – – –