AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 97.317 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 98.01100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.74700 |
| 2nd High | 98.02700 |
| Next High | 98.01100 |
| Current Price | 97.50700 |
| Next Low | 97.31700 |
| 2nd Low | 96.70700 |
| 3rd Low | 95.65700 |