USD/JPY – 1H – BUYThe combination goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at will continue.
Caution: A possible change in the direction of the support zone at 151.45400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 153.183 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 153.84600 |
| Next Low | 151.45400 |
| 2nd Low | 150.60100 |
| 3rd Low | 149.08300 |