Buy AUD/JPY – 4H – BUY

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 108.001114 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 108.996 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High
Next High 108.996
Current Price 106.78200
Next Low 105.209
2nd Low 104.718
3rd Low 104.347

108.996 – 106.711 – 105.928 – 105.209 – 105.582 – 104.718 —
108.73000 – 106.88200 —
54.854768722259 – 43.048076952707 —
– —
108.99600 – 1769155200

Trading Signals:

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