USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 140.28 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 143.04100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.79300 |
| 2nd High | 143.71000 |
| Next High | 143.04100 |
| Current Price | 139.84900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |