USD/JPY – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 150.772396 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 150.74700 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.72000 |
| 2nd High | 151.94800 |
| Next High | 150.74700 |
| Current Price | 149.64800 |
| Next Low | 149.46000 |
| 2nd Low | 149.08300 |
| 3rd Low | 148.86600 |