USD/JPY – 1H – BUYThe pair goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 150.31900 will continue.
Caution: A possible change in the direction of the support zone at 149.23900 could be enabled.
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 continue. Current target is 150.319 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 150.31900 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 150.00200 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |