Sell USD/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 149.13878 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 150.23500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 151.94800
2nd High 150.74700
Next High 150.23500
Current Price 149.60700
Next Low 148.64200
2nd Low 148.39700
3rd Low 148.23700

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