USD/JPY – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 156.613364 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 160.721 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 160.721 |
| Current Price | 156.38600 |
| Next Low | 155.495 |
| 2nd Low | 153.995 |
| 3rd Low | 152.265 |
160.721 – 159.84 – 159.528 – 155.495 – 158.955 – 157.591 —
157.28200 – 157.93400 —
41.201494634465 – 47.398254678557 —
– —
160.721 – 1777536000
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –