USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 148.238 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 148.68300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.36400 |
| 2nd High | 149.13500 |
| Next High | 148.68300 |
| Current Price | 148.61600 |
| Next Low | 148.00800 |
| 2nd Low | 147.34100 |
| 3rd Low | 145.91400 |