USD/JPY – 30M – BUYThe combination goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 143.79300 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 142.65000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 143.701988 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 143.79300 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.22800 |
| 2nd High | 144.03600 |
| Next High | 143.79300 |
| Current Price | 143.24900 |
| Next Low | 142.65000 |
| 2nd Low | 141.94600 |
| 3rd Low | 141.77000 |