USD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 149.56636 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 149.53900 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.97700 |
| 2nd High | 149.75500 |
| Next High | 149.53900 |
| Current Price | 149.16700 |
| Next Low | 148.84600 |
| 2nd Low | 148.39700 |
| 3rd Low | 148.23700 |