AUD/JPY – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 108.042 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 108.04200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 108.04200 |
| Current Price | 107.73200 |
| Next Low | 106.396 |
| 2nd Low | 106.074 |
| 3rd Low | 106.072 |
108.04200 – 106.993 – 107.138 – 106.396 – 106.074 – 106.449 —
108.04200 – 107.78300 —
85.448068509888 – 58.0807815431 —
108.04200 – 1769643000 —
– 1769643000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double bottom chart pattern – – – – – – – –