USD/JPY – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 141.491116 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 143.71000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 144.03600 |
2nd High | 143.79300 |
Next High | 143.71000 |
Current Price | 141.81300 |
Next Low | 140.70500 |
2nd Low | |
3rd Low |