AUD/JPY – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 99.56600 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 100.04800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.37700 |
| Next High | 100.04800 |
| Current Price | 99.79300 |
| Next Low | 99.56600 |
| 2nd Low | 99.43000 |
| 3rd Low | 99.08000 |