AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 98.022 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 98.90500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.71800 |
| 2nd High | 99.16200 |
| Next High | 98.90500 |
| Current Price | 98.54300 |
| Next Low | 98.08900 |
| 2nd Low | 98.02200 |
| 3rd Low | 97.98100 |