AUD/JPY – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 100.53246 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 100.45100 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 100.94100 |
2nd High | 100.83100 |
Next High | 100.45100 |
Current Price | 100.40600 |
Next Low | 99.93900 |
2nd Low | 99.61600 |
3rd Low | 99.56600 |