AUD/JPY – 30M – SELLThe currency pair moves from the ascending trendline down.
The bearish trend down to the next support level at 99.61600 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 100.68000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.94100 |
| Next High | 100.68000 |
| Current Price | 100.72700 |
| Next Low | 99.61600 |
| 2nd Low | 99.56600 |
| 3rd Low | 99.43000 |