AUD/JPY – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 109.547 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 109.547 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 109.547 |
| Current Price | 109.21200 |
| Next Low | 106.853 |
| 2nd Low | 106.519 |
| 3rd Low | 106.396 |
109.547 – 108.366 – 108.172 – 106.853 – 107.291 – 107.458 —
109.26900 – 109.19600 —
63.288333060296 – 49.287669214819 —
– —
109.547 – 1770111000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double top retreat up – – – – – – – –