AUD/JPY – 30M – BUYThe combination breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 96.99700 will continue.
Caution: A possible change in the direction of support at 95.65700 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 96.329 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 96.99700 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.64400 |
| 2nd High | 97.04400 |
| Next High | 96.99700 |
| Current Price | 96.92300 |
| Next Low | 95.65700 |
| 2nd Low | 95.31700 |
| 3rd Low | 94.69900 |