AUD/JPY – 1H – SELLThe currency pair moves from the ascending trendline down.
A descending movement down to the next support level at 98.02200 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 100.09700 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 100.71800 |
| Next High | 100.09700 |
| Current Price | 98.85300 |
| Next Low | 98.02200 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |