AUD/JPY – 30M – SELLThe combination moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 100.37700 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 100.94100 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.94100 |
| Current Price | 100.69900 |
| Next Low | 100.37700 |
| 2nd Low | 100.31400 |
| 3rd Low | 100.06400 |