AUD/JPY – 30M – BUYThe currency pair goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 101.51900 will persist.
Caution: A possible change in the direction of the support level at 100.39800 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 101.230372 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 101.51900 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.68600 |
| Next High | 101.51900 |
| Current Price | 100.99900 |
| Next Low | 100.39800 |
| 2nd Low | 100.29600 |
| 3rd Low | 100.15400 |