AUD/JPY – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 99.82300 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 100.35700 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.06300 |
| 2nd High | 100.94700 |
| Next High | 100.35700 |
| Current Price | 100.28100 |
| Next Low | 99.82300 |
| 2nd Low | 99.53300 |
| 3rd Low | 99.43000 |