AUD/JPY – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 99.93900 is likely expected.
Caution: A possible change in the direction of the resistance level at 100.45200 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.83100 |
| Next High | 100.45200 |
| Current Price | 100.32400 |
| Next Low | 99.93900 |
| 2nd Low | 99.61600 |
| 3rd Low | 99.56600 |