AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 100.721 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 100.94700 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 101.06300 |
| Next High | 100.94700 |
| Current Price | 100.81900 |
| Next Low | 100.02300 |
| 2nd Low | 100.00500 |
| 3rd Low | 99.85500 |