AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 97.871 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 97.87100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 97.87100 |
| Current Price | 97.16100 |
| Next Low | 97.08700 |
| 2nd Low | 95.65700 |
| 3rd Low | 95.31700 |