USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 141.61 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 143.08300 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.59300 |
| 2nd High | 143.27900 |
| Next High | 143.08300 |
| Current Price | 142.16900 |
| Next Low | 141.89500 |
| 2nd Low | 141.61000 |
| 3rd Low |
143.08300 – 143.27900 – 143.59300 – 141.89500 – 141.61000 – 142.04100