USD/JPY – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 152.665 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 153.87600 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 153.87600 |
| Current Price | 153.09400 |
| Next Low | 151.69400 |
| 2nd Low | 151.45400 |
| 3rd Low | 150.60100 |