AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 99.43 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 100.04800 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.37700 |
| Next High | 100.04800 |
| Current Price | 99.65200 |
| Next Low | 99.43000 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |