USD/JPY – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish movement up to the next resistance at 144.45600 will persist.
Caution: A possible counter-trend in the direction of the support line at 143.37500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 144.492 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 144.45600 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 146.28600 |
| 2nd High | 144.49200 |
| Next High | 144.45600 |
| Current Price | 144.42400 |
| Next Low | 143.37500 |
| 2nd Low | 143.25000 |
| 3rd Low | 143.16200 |