USD/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 154.894 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 154.95300 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 155.88500 |
| 2nd High | 155.26200 |
| Next High | 154.95300 |
| Current Price | 154.87100 |
| Next Low | 153.96400 |
| 2nd Low | 153.90300 |
| 3rd Low | 153.27500 |