USD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 149.393878 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 150.15200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 150.31900 |
| Next High | 150.15200 |
| Current Price | 149.60000 |
| Next Low | 149.58000 |
| 2nd Low | 149.46200 |
| 3rd Low | 149.23900 |