AUD/JPY – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 98.998622 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 101.41400 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 101.41400 |
| Current Price | 99.80600 |
| Next Low | 99.08000 |
| 2nd Low | 98.34100 |
| 3rd Low | 98.02200 |