AUD/JPY – 30M – SELLThe pair goes from the ascending trendline down.
A bearish trend downwards to the next support at 99.82300 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 100.94700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 101.06300 |
| Next High | 100.94700 |
| Current Price | 99.98400 |
| Next Low | 99.82300 |
| 2nd Low | 99.53300 |
| 3rd Low | 99.43000 |