AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 93.638 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 95.70600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 95.70600 |
| Current Price | 93.77900 |
| Next Low | 93.63800 |
| 2nd Low | 93.41400 |
| 3rd Low | 91.34200 |