The currency pair moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 98.02200 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 99.16200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 98.022 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 99.16200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance |
Price Range* |
3rd High |
101.77100 |
2nd High |
100.71800 |
Next High |
99.16200 |
Current Price |
98.48900 |
Next Low |
98.02200 |
2nd Low |
97.98100 |
3rd Low |
97.94100 |
Download AUD/JPY Signal Image
Trading Signals: FOREX – AUD – AUD/JPY – JPY