USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 151.862044 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 152.32700 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 153.18300 |
| Next High | 152.32700 |
| Current Price | 152.22900 |
| Next Low | 151.69400 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |