Sell USD/JPY – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 141.964 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 144.27200 should always be considered.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 148.27600
2nd High 145.92000
Next High 144.27200
Current Price 142.72700
Next Low 141.96400
2nd Low 139.88400
3rd Low

144.27200 – 145.92000 – 143.15200 – 143.53600 – 143.72700 – 141.96400

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