USD/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 145.456458 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 146.49500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 146.49500 |
| Current Price | 144.27500 |
| Next Low | 141.64200 |
| 2nd Low | 140.43300 |
| 3rd Low | 140.31600 |