AUD/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 95.3175 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 95.70600 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 95.70600 |
| Current Price | 94.71700 |
| Next Low | 93.63800 |
| 2nd Low | 93.41400 |
| 3rd Low | 91.34200 |