USD/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 155.657748 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 156.74500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 156.74500 |
| Current Price | 154.73300 |
| Next Low | 154.33500 |
| 2nd Low | 153.40300 |
| 3rd Low | 152.13800 |