USD/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 150.319 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 150.31900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 150.08900 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |