USD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 155.554 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 157.326 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 160.721 |
| Next High | 157.326 |
| Current Price | 156.53600 |
| Next Low | 156.302 |
| 2nd Low | 155.554 |
| 3rd Low | 155.534 |
157.326 – 160.721 – 160.452 – 156.302 – 155.554 – 160.072 —
157.28800 – 156.71600 —
55.175408336871 – 46.078802709123 —
– —
157.326 – 1777613400
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –