AUD/JPY – 30M – SELLThe currency pair jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 99.08000 will persist.
Caution: A possible change in the direction of resistance at 100.09400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.16000 |
| Next High | 100.09400 |
| Current Price | 99.89300 |
| Next Low | 99.08000 |
| 2nd Low | 98.74200 |
| 3rd Low | 98.34100 |