AUD/JPY – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 96.791 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 97.33500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.74700 |
| 2nd High | 98.34300 |
| Next High | 97.33500 |
| Current Price | 96.67300 |
| Next Low | 95.98200 |
| 2nd Low | 95.61100 |
| 3rd Low | 95.51400 |