AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 100.688772 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 101.41400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.11000 |
| 2nd High | 101.77100 |
| Next High | 101.41400 |
| Current Price | 100.02300 |
| Next Low | 99.89600 |
| 2nd Low | 98.74200 |
| 3rd Low | 98.34100 |