AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 94.7675 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 95.61300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.70600 |
| 2nd High | 95.66600 |
| Next High | 95.61300 |
| Current Price | 95.05800 |
| Next Low | 93.86900 |
| 2nd Low | 93.58600 |
| 3rd Low | 93.41400 |