USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 142.787308 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 144.52700 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 | 144.52700 |
| Current Price | 143.91400 |
| Next Low | 141.64200 |
| 2nd Low | 140.43300 |
| 3rd Low | 140.31600 |