USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 141.41418 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 143.04100 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.79300 |
| 2nd High | 143.71000 |
| Next High | 143.04100 |
| Current Price | 142.02300 |
| Next Low | 141.90700 |
| 2nd Low | 141.24700 |
| 3rd Low | 140.70500 |