AUD/JPY – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish descent down to the next support line at 101.29500 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 102.26800 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 102.26800 |
| Current Price | 102.26100 |
| Next Low | 101.29500 |
| 2nd Low | 100.25600 |
| 3rd Low | 100.02300 |