USD/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 158.3747 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 158.899 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.452 |
| 2nd High | 159.223 |
| Next High | 158.899 |
| Current Price | 157.86300 |
| Next Low | 157.386 |
| 2nd Low | 157.375 |
| 3rd Low | 156.898 |
158.899 – 158.087 – 157.899 – 157.386 – 157.375 – 156.898 —
157.89300 – 157.67700 —
39.070493384379 – 37.295994681768 —
– —
158.899 – 1773037800
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –