USD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 153.83354 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 155.26200 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.74500 |
| 2nd High | 155.88500 |
| Next High | 155.26200 |
| Current Price | 154.43900 |
| Next Low | 154.08000 |
| 2nd Low | 153.27500 |
| 3rd Low | 152.13800 |