AUD/JPY – 1H – SELLThe currency pair goes from the bullish trendline downwards
The bearish trend down to the next support at 97.62000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 99.86000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 99.86000 |
| Current Price | 98.97100 |
| Next Low | 97.62000 |
| 2nd Low | 96.70700 |
| 3rd Low | 95.65700 |