Buy USD/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 144.320988 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 144.67900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 147.20600
2nd High 146.28600
Next High 144.67900
Current Price 144.09500
Next Low 143.37500
2nd Low 143.25000
3rd Low 143.16200

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