USD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 152.982 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 154.21600 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.72000 |
| 2nd High | 154.48600 |
| Next High | 154.21600 |
| Current Price | 152.54700 |
| Next Low | 152.13800 |
| 2nd Low | 151.28200 |
| 3rd Low | 150.60100 |