The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 112.886 will persist.
Caution: A possible trend reversal in the direction of resistance at 113.581 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.438 |
| 2nd High | 114.305 |
| Next High | 113.581 |
| Current Price | 113.41400 |
| Next Low | 112.886 |
| 2nd Low | 112.366 |
| 3rd Low | 112.189 |
113.581 – 114.305 – 113.322 – 112.886 – 113.254 – 112.994 —
113.33000 – 113.48000 —
54.9771159616 – 63.833092067508 —
– —
113.581 – 1778158800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –