USD/JPY – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 141.536428 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 143.71000 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 144.03600 |
2nd High | 143.79300 |
Next High | 143.71000 |
Current Price | 141.42300 |
Next Low | 140.70500 |
2nd Low | |
3rd Low |