USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 154.168 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 155.638 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.656 |
| 2nd High | 156.29 |
| Next High | 155.638 |
| Current Price | 154.61700 |
| Next Low | 153.995 |
| 2nd Low | 153.063 |
| 3rd Low | 152.698 |
155.638 – 155.34 – 153.919 – 153.995 – 154.54 – 153.063 —
154.43900 – 154.94400 —
39.080928219274 – 55.909526058158 —
– —
155.638 – 1771585200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –