AUD/JPY – 1H – SELLThe combination moves from the bullish trendline downwards
A bearish movement down to the next support level at 98.48000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 99.05900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.05900 |
| Current Price | 98.70900 |
| Next Low | 98.48000 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |