USD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 154.568308 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 159.223 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 159.452 |
| Next High | 159.223 |
| Current Price | 153.96200 |
| Next Low | 153.301 |
| 2nd Low | 153.005 |
| 3rd Low | 152.815 |
159.223 – 158.855 – 158.89 – 154.084 – 153.301 – 158.235 —
154.54200 – 154.73200 —
59.173591185132 – 57.915914448685 —
– —
159.22300 – 1769160600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –