AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 98.943 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 98.94300 should be noted.
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 | 98.94300 |
| Current Price | 98.79800 |
| Next Low | 97.98100 |
| 2nd Low | 97.94100 |
| 3rd Low | 97.62000 |