AUD/JPY – 30M – BUYThe pair goes from the ascending trendline downwards
A bearish descent down to the next support line at 100.03000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 101.41400 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 100.831 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 101.41400 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 101.41400 |
| Current Price | 100.96300 |
| Next Low | 100.03000 |
| 2nd Low | 99.93900 |
| 3rd Low | 99.61600 |