USD/JPY – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 141.77 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 143.71000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 144.03600 |
2nd High | 143.79300 |
Next High | 143.71000 |
Current Price | 141.82700 |
Next Low | 141.77000 |
2nd Low | 141.68100 |
3rd Low |