AUD/JPY – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 99.729814 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 100.45100 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.83100 |
| Next High | 100.45100 |
| Current Price | 100.03600 |
| Next Low | 99.61600 |
| 2nd Low | 99.56600 |
| 3rd Low | 99.43000 |