AUD/JPY – 30M – SELLThe pair jumps from the ascending trendline down.
A descent down to the next support line at 100.86200 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 101.03500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.41400 |
| Next High | 101.03500 |
| Current Price | 101.57400 |
| Next Low | 100.86200 |
| 2nd Low | 100.74100 |
| 3rd Low | 100.15400 |