Buy USD/JPY – 1H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 146.495 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 146.49500 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 147.34300
2nd High 147.20600
Next High 146.49500
Current Price 146.18800
Next Low 142.96700
2nd Low 141.64200
3rd Low 140.43300

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