AUD/JPY – 30M – SELLThe pair moves from the bullish trendline down.
A descending movement downwards to the next support line at 99.11700 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 99.83400 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 99.66700 |
| Next Low | 99.11700 |
| 2nd Low | 98.58600 |
| 3rd Low | 98.48000 |