AUD/JPY – 30M – SELLThe pair goes from the ascending trendline down.
A bearish movement down to the next support at 97.70900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 98.30000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 98.30000 |
| Current Price | 97.92800 |
| Next Low | 97.70900 |
| 2nd Low | 96.70700 |
| 3rd Low | 95.65700 |