The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline down.
A bearish trend down to the next support level at will continue.
Caution: A possible trend reversal in the direction of the resistance level at 101.148 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.318 |
| 2nd High | 101.293 |
| Next High | 101.148 |
| Current Price | 101.08800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
101.148 – 101.131 – 101.293 – 100.138 – 100.734 – 100.22 —
100.58600 – 101.11700 —
38.400137692278 – 52.354660186665 —
– —
101.14800 – 1763406000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double top chart pattern – – – –