AUD/JPY – 30M – SELLThe currency pair moves from the ascending trendline down.
A bearish descent down to the next support level at 98.48000 will persist.
Caution: A possible change in the direction of resistance at 99.05900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 99.05900 |
| Current Price | 99.04700 |
| Next Low | 98.48000 |
| 2nd Low | 97.98100 |
| 3rd Low | 97.94100 |