Buy USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 144.679 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 147.20600 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 149.36400
2nd High 147.34300
Next High 147.20600
Current Price 145.02300
Next Low 142.89300
2nd Low 141.73500
3rd Low 140.43300

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