USD/JPY – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 149.358 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 150.31900 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 150.31900 |
| Current Price | 149.73300 |
| Next Low | 149.23900 |
| 2nd Low | 148.86600 |
| 3rd Low | 148.84600 |