Buy USD/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 154.875 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 154.875 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 159.452
2nd High 159.223
Next High 154.875
Current Price 154.44100
Next Low 153.704
2nd Low 152.863
3rd Low 152.677

153.534 – 154.042 – 153.064 – 153.704 – 152.863 – 152.677 —
154.09800 – 154.39200 —
59.941316421947 – 59.483795396455 —
– —
153.53400 – 1769691600

Trading Signals:

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