USD/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 152.276948 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 153.08900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.87600 |
| 2nd High | 153.86400 |
| Next High | 153.08900 |
| Current Price | 151.90800 |
| Next Low | 151.78900 |
| 2nd Low | 151.78300 |
| 3rd Low | 151.69400 |