AUD/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 100.8005 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 100.80000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.14200 |
| 2nd High | 101.13800 |
| Next High | 100.80000 |
| Current Price | 100.63700 |
| Next Low | 100.04700 |
| 2nd Low | 99.48200 |
| 3rd Low | 99.41200 |