AUD/JPY – 30M – SELLThe pair jumps from the bullish trendline down.
A descent downwards to the next support line at 97.98100 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 98.94300 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 98.94300 |
| Current Price | 98.68300 |
| Next Low | 97.98100 |
| 2nd Low | 97.94100 |
| 3rd Low | 97.62000 |