The combination US Dollar/Japanese Yen (USD/JPY) goes from the descending trendline down.
A continuation of the downward movement down to the next support line at 142.79900 will persist.
Caution: A possible change in the direction of the resistance level at 144.40300 should always be considered.
Consider stop-loss settings accordingly.
Die Kombination US Dollar/Japanese Yen (USD/JPY) läuft von der absteigenden Trendlinie abwärts
Eine Fortsetzung des bearigen Trends abwärts zur nächsten Unterstützungslinie bei 142.79900 wird erwartet.
Vorsicht: Eine Kursänderung in Richtung der Widerstand-Zone bei 144.40300 sollte beachtet werden.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 143.43856 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 144.40300 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows