USD/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 143.11464 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 143.94300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 144.22800 |
| 2nd High | 144.03600 |
| Next High | 143.94300 |
| Current Price | 143.86800 |
| Next Low | 143.46400 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |