Sell AUD/JPY – 1H – SELL

In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 106.23611 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 106.693 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High
Next High 106.693
Current Price 106.55700
Next Low 106.171
2nd Low 105.175
3rd Low 104.718

106.693 – 105.179 – 105.527 – 106.171 – 105.175 – 104.718 —
106.40900 – 106.71100 —
55.570184177173 – 66.04919848966 —
– —
106.69300 – 1768316400

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