USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 152.63068 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 153.86400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 153.87600 |
| Next High | 153.86400 |
| Current Price | 152.58300 |
| Next Low | 152.24600 |
| 2nd Low | 151.69400 |
| 3rd Low | 151.45400 |