USD/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 149.577 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 149.57700 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.25900 |
| 2nd High | 150.88700 |
| Next High | 149.57700 |
| Current Price | 149.13600 |
| Next Low | 148.39700 |
| 2nd Low | 148.23700 |
| 3rd Low | 148.00800 |