AUD/JPY – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement downwards to the next support at 98.48000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 99.05900 could occur.
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 | 99.05900 |
| Current Price | 99.00800 |
| Next Low | 98.48000 |
| 2nd Low | 97.98100 |
| 3rd Low | 97.94100 |