USD/JPY – 30M – BUYThe pair goes from the descending trendline upwards
A bullish trend upwards to the next resistance line at 152.54300 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 151.53100 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 152.081588 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 152.54300 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.54300 |
| Current Price | 151.86800 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |