USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 151.783 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 153.86400 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 153.87600 |
| Next High | 153.86400 |
| Current Price | 151.72500 |
| Next Low | 151.45400 |
| 2nd Low | 150.60100 |
| 3rd Low | 149.08300 |