Buy AUD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 101.065008 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 101.02600 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 102.39800
2nd High 101.55400
Next High 101.02600
Current Price 100.60300
Next Low 100.04700
2nd Low 99.48200
3rd Low 99.41200

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