USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 141.642 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 142.95100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.20600 |
| 2nd High | 146.49500 |
| Next High | 142.95100 |
| Current Price | 142.43100 |
| Next Low | 141.64200 |
| 2nd Low | 140.43300 |
| 3rd Low | 140.31600 |