AUD/JPY – 1H – SELLThe pair goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 100.49500 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 101.26100 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.39800 |
| 2nd High | 101.34900 |
| Next High | 101.26100 |
| Current Price | 100.91900 |
| Next Low | 100.49500 |
| 2nd Low | 100.13900 |
| 3rd Low | 100.00500 |