USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 141.77 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level 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 | 142.71300 |
| Next Low | 142.65000 |
| 2nd Low | 141.77000 |
| 3rd Low | 141.68100 |