USD/JPY – 30M – BUYThe currency pair breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 143.76500 will persist.
Caution: A possible change in the direction of the support level at 142.03700 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 143.087028 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 143.76500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.03600 |
| 2nd High | 143.94300 |
| Next High | 143.76500 |
| Current Price | 143.05900 |
| Next Low | 142.03700 |
| 2nd Low | 140.43300 |
| 3rd Low | 140.31600 |