AUD/JPY – 30M – SELLThe currency pair goes from the ascending trendline down.
The bearish trend down to the next support at 99.68100 will persist.
Caution: A possible counter-trend in the direction of resistance at 100.37700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.94100 |
| Next High | 100.37700 |
| Current Price | 99.81000 |
| Next Low | 99.68100 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |