USD/JPY – 4H – BUYThe currency pair US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline downwards
A descent downwards to the next support level at 142.11100 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 148.64800 could be enabled.
Consider stop-loss settings accordingly.
Das Paar US Dollar/Japanese Yen (USD/JPY) springt von der aufsteigenden Trendline abwärts
Ein bäriger Trend nach unten zur nächsten Unterstützung bei 142.11100 ist sicher.
Vorsicht: Eine Umkehr des Trends in Richtung des Widerstands bei 148.64800 sollte beachtet werden.
Stop-Loss Einstellungen entsprechend berücksichtigen.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 146.579696 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 148.64800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 151.20700 |
| 2nd High | 150.48500 |
| Next High | 148.64800 |
| Current Price | 144.84600 |
| Next Low | 142.11100 |
| 2nd Low | 141.96400 |
| 3rd Low | 139.88400 |
148.64800 – 145.92000 – 144.02700 – 142.11100 – 142.35100 – 141.96400
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Outside Up