Sell USD/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 159.111 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 159.47900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 159.838
2nd High 159.595
Next High 159.47900
Current Price 159.14700
Next Low 159.111
2nd Low 159.1
3rd Low 159.011

159.47900 – 159.595 – 159.838 – 159.306 – 159.309 – 159.291 —
159.47900 – 159.23000 —
50.462223239362 – 42.45491466411 —
159.47900 – 1777280400 —
– 1777280400

Trading Signals:

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