USD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 151.873 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 152.71600 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 154.21600 |
| 2nd High | 152.85300 |
| Next High | 152.71600 |
| Current Price | 152.24000 |
| Next Low | 151.91800 |
| 2nd Low | 151.00000 |
| 3rd Low | 150.89300 |