The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline downwards
A descending movement downwards to the next support level at 93.90700 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 94.23400 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.64000 |
| Next High | 94.23400 |
| Current Price | 93.95800 |
| Next Low | 93.90700 |
| 2nd Low | 92.55100 |
| 3rd Low | 92.05400 |
94.23400 – 93.77700 – 93.59000 – 93.90700 – 92.55100 – 92.05400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows