AUD/JPY – 30M – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline downwards
A bearish movement down to the next support level at 95.79700 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 98.34300 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 98.343 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 98.34300 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.21500 |
| 2nd High | 98.74700 |
| Next High | 98.34300 |
| Current Price | 97.92000 |
| Next Low | 95.79700 |
| 2nd Low | 95.61100 |
| 3rd Low | 95.51400 |