AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 94.293092 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 94.61100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.66600 |
| 2nd High | 95.61300 |
| Next High | 94.61100 |
| Current Price | 94.60100 |
| Next Low | 93.86900 |
| 2nd Low | 93.58600 |
| 3rd Low | 93.41400 |