AUD/JPY – 30M – SELLThe pair goes from the ascending trendline down.
A bearish descent downwards to the next support at 94.69900 will persist.
Caution: A possible trend reversal in the direction of resistance at 96.99700 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.64400 |
| 2nd High | 97.04400 |
| Next High | 96.99700 |
| Current Price | 95.98400 |
| Next Low | 94.69900 |
| 2nd Low | 93.86900 |
| 3rd Low | 93.58600 |