The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 112.381 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.056 |
| 2nd High | 112.606 |
| Next High | 112.381 |
| Current Price | 111.29500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
112.381 – 111.98 – 112.606 – 110.27200 – 111.282 – 111.158 —
110.52200 – 111.72200 —
19.05060619259 – 60.283593545177 —
110.27200 – 1774272600 —
112.381 – 1774002600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –