AUD/JPY – 1H – SELLThe currency pair moves from the bullish trendline down.
The bearish trend down to the next support at 98.58600 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 99.86000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 99.86000 |
| Current Price | 99.74000 |
| Next Low | 98.58600 |
| 2nd Low | 98.48000 |
| 3rd Low | 97.62000 |