USD/JPY – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 157.250072 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 156.985 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 160.721 |
| 2nd High | 157.934 |
| Next High | 156.985 |
| Current Price | 156.62400 |
| Next Low | 156.016 |
| 2nd Low | 155.036 |
| 3rd Low | 154.217 |
156.985 – 156.522 – 157.934 – 156.016 – 155.036 – 157.076 —
156.88200 – 156.82400 —
57.089516840603 – 45.806945037243 —
– —
156.985 – 1778209200
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –