AUD/JPY – 30M – BUYThe pair goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 99.83400 is expected.
Caution: A possible change in the direction of the support level at 97.98100 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 98.711 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 99.83400 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 98.75800 |
| Next Low | 97.98100 |
| 2nd Low | 97.94100 |
| 3rd Low | 97.62000 |