Buy USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 161.7335 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 161.517 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 162.838
Next High 161.517
Current Price 161.16900
Next Low 160.629
2nd Low 160.473
3rd Low 160.113

161.517 – 162.838 – 161.857 – 160.629 – 162.29 – 162.031 —
161.22000 – 161.16400 —
41.365924377321 – 44.074973754214 —
– —
161.517 – 1783047600

Trading Signals:

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