USD/JPY – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 149.7305 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 150.15200 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 150.31900 |
Next High | 150.15200 |
Current Price | 149.62800 |
Next Low | 149.36100 |
2nd Low | 149.23900 |
3rd Low | 149.14200 |