AUD/JPY – 30M – SELLThe combination goes from the bullish trendline down.
A bearish movement downwards to the next support line at 100.86200 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 101.03500 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.41400 |
| Next High | 101.03500 |
| Current Price | 101.48700 |
| Next Low | 100.86200 |
| 2nd Low | 100.74100 |
| 3rd Low | 100.15400 |