AUD/JPY – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 101.093996 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 100.72100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 100.94700 |
| Next High | 100.72100 |
| Current Price | 100.62400 |
| Next Low | 100.00500 |
| 2nd Low | 99.53300 |
| 3rd Low | 99.43000 |