Buy USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 153.183 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 153.18300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High
Next High 153.18300
Current Price 152.38000
Next Low 150.60100
2nd Low 149.08300
3rd Low 148.86600

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