EUR/JPY – 30M – BUY
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 166.032 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 165.98200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 166.11100 |
2nd High | 166.03200 |
Next High | 165.98200 |
Current Price | 165.94600 |
Next Low | 164.91500 |
2nd Low | 164.88700 |
3rd Low | 164.26300 |