USD/JPY – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 141.308 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 141.00700 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 143.04100 |
| 2nd High | 141.41100 |
| Next High | 141.00700 |
| Current Price | 140.52200 |
| Next Low | 139.57500 |
| 2nd Low | |
| 3rd Low |