USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 151.531 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 152.54300 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 153.86400 |
| 2nd High | 153.08900 |
| Next High | 152.54300 |
| Current Price | 151.68000 |
| Next Low | 151.53100 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |