AUD/JPY – 30M – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 96.55500 is considered certain.
Caution: A possible change in the direction of the resistance zone at 96.91100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 96.401252 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 96.91100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.53600 |
| 2nd High | 97.14200 |
| Next High | 96.91100 |
| Current Price | 96.84000 |
| Next Low | 96.55500 |
| 2nd Low | 95.90400 |
| 3rd Low | 95.65700 |