USD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 160.629 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 162.838 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 162.838 |
| Current Price | 161.06200 |
| Next Low | 160.62900 |
| 2nd Low | |
| 3rd Low |
162.838 – 161.857 – 161.844 – 160.62900 – 162.29 – 162.031 —
161.64000 – 161.17000 —
24.251501930799 – 35.4597114422 —
160.62900 – 1783004400 —
162.838 – 1782885600
Trading Signals: FOREX – USD – USD/JPY – JPY – – – – – – – – – –