AUD/JPY – 30M – SELLThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 99.48200 will continue.
Caution: A possible change in the direction of the resistance level at 101.13800 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 100.255 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 101.13800 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.55400 |
| 2nd High | 101.14200 |
| Next High | 101.13800 |
| Current Price | 100.15900 |
| Next Low | 99.48200 |
| 2nd Low | 99.41200 |
| 3rd Low | 99.08000 |