USD/JPY – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 140.28 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 143.04100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 143.79300 |
2nd High | 143.71000 |
Next High | 143.04100 |
Current Price | 139.84900 |
Next Low | |
2nd Low | |
3rd Low |