USD/JPY – 1H – BUYThe pair jumps from the ascending trendline down.
A bearish trend down to the next support level at 151.45400 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 153.18300 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 153.183 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 153.18300 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 153.18300 |
| Current Price | 152.25100 |
| Next Low | 151.45400 |
| 2nd Low | 150.60100 |
| 3rd Low | 149.08300 |