USD/JPY – 1H – BUYThe combination goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 144.49200 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 143.16200 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 144.492 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 144.49200 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.34300 |
| 2nd High | 147.20600 |
| Next High | 144.49200 |
| Current Price | 143.76800 |
| Next Low | 143.16200 |
| 2nd Low | 141.73500 |
| 3rd Low | 140.43300 |