USD/JPY – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 141.759 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 143.94300 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.22800 |
| 2nd High | 144.03600 |
| Next High | 143.94300 |
| Current Price | 142.88200 |
| Next Low | 140.43300 |
| 2nd Low | 140.31600 |
| 3rd Low | 139.57500 |