The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards
A bearish movement down to the next support at 111.978 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 112.626 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.437 |
| 2nd High | 113.16 |
| Next High | 112.626 |
| Current Price | 112.14600 |
| Next Low | 111.978 |
| 2nd Low | 111.287 |
| 3rd Low | 111.237 |
112.626 – 111.708 – 111.766 – 111.978 – 111.287 – 111.355 —
112.12600 – 112.24000 —
38.339312921906 – 55.088932361799 —
– —
112.626 – 1782842400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –