AUD/JPY – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 95.514 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 101.55400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 102.39800 |
| Next High | 101.55400 |
| Current Price | 96.93600 |
| Next Low | 95.51400 |
| 2nd Low | |
| 3rd Low |