AUD/JPY – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 99.43000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 100.04800 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.37700 |
| Next High | 100.04800 |
| Current Price | 99.72200 |
| Next Low | 99.43000 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |