USD/JPY – 30M – BUY
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 143.06693 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 143.04100 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.79300 |
2nd High | 143.71000 |
Next High | 143.04100 |
Current Price | 142.48000 |
Next Low | 141.24700 |
2nd Low | 140.70500 |
3rd Low |