USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 145.456458 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 146.49500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 146.49500 |
| Current Price | 146.36400 |
| Next Low | 142.96700 |
| 2nd Low | 141.64200 |
| 3rd Low | 140.43300 |