AUD/JPY – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 100.42200 will persist.
Caution: A possible change in the direction of the resistance zone at 100.92600 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.06300 |
| 2nd High | 100.94700 |
| Next High | 100.92600 |
| Current Price | 100.71700 |
| Next Low | 100.42200 |
| 2nd Low | 100.02300 |
| 3rd Low | 100.00500 |