The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards
A bearish descent down to the next support at 94.56400 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 95.36500 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 95.64000 |
| Next High | 95.36500 |
| Current Price | 94.63800 |
| Next Low | 94.56400 |
| 2nd Low | 94.45700 |
| 3rd Low | 94.32900 |
95.36500 – 94.63700 – 94.67800 – 94.56400 – 94.45700 – 94.32900 — 44.56477237783 – 42.267149542608