Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 113.128 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 113.175 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.201 |
| 2nd High | 113.182 |
| Next High | 113.175 |
| Current Price | 113.26000 |
| Next Low | 112.593 |
| 2nd Low | 112.03 |
| 3rd Low | 111.933 |
112.89 – 112.534 – 112.834 – 112.593 – 112.03 – 112.176 —
112.94800 – 113.17800 —
57.920393569719 – 63.021626098367 —
– —
112.89 – 1781231400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –