AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 97.871 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 97.87100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 97.87100 |
| Current Price | 97.23400 |
| Next Low | 97.08700 |
| 2nd Low | 95.65700 |
| 3rd Low | 95.31700 |