AUD/JPY – 1H – SELLThe combination goes from the descending trendline down.
A continuation of the downtrend down to the next support at 99.56600 is certain.
Caution: A possible change in the direction of the resistance zone at 100.94100 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.41400 |
| Next High | 100.94100 |
| Current Price | 100.49200 |
| Next Low | 99.56600 |
| 2nd Low | 99.43000 |
| 3rd Low | 99.08000 |