Buy USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 147.241 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 147.17900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 147.34300
2nd High 147.24100
Next High 147.17900
Current Price 146.22000
Next Low 142.96700
2nd Low 141.64200
3rd Low 140.43300

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