AUD/JPY – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement down to the next support at 99.11700 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 99.83400 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 99.77400 |
| Next Low | 99.11700 |
| 2nd Low | 98.58600 |
| 3rd Low | 98.48000 |