USD/JPY – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 141.433768 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 143.04100 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.79300 |
| 2nd High | 143.71000 |
| Next High | 143.04100 |
| Current Price | 140.90800 |
| Next Low | 140.70500 |
| 2nd Low | |
| 3rd Low |