AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 96.267 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 97.53600 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.02700 |
| 2nd High | 98.01100 |
| Next High | 97.53600 |
| Current Price | 96.79100 |
| Next Low | 96.75400 |
| 2nd Low | 96.26700 |
| 3rd Low | 95.65700 |