AUD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 94.402088 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 95.70600 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 95.70600 |
| Current Price | 95.18700 |
| Next Low | 93.58600 |
| 2nd Low | 93.41400 |
| 3rd Low | 90.13100 |