AUD/JPY – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish trend down to the next support at 98.34100 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 100.09700 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 100.71800 |
| Next High | 100.09700 |
| Current Price | 99.35900 |
| Next Low | 98.34100 |
| 2nd Low | 98.08900 |
| 3rd Low | 98.02200 |