USD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 153.56817 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 154.34100 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.48600 |
| 2nd High | 154.47600 |
| Next High | 154.34100 |
| Current Price | 153.82600 |
| Next Low | 153.79500 |
| 2nd Low | 153.43900 |
| 3rd Low | 153.32100 |