AUD/JPY – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 99.85500 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 100.35700 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.06300 |
| 2nd High | 100.94700 |
| Next High | 100.35700 |
| Current Price | 100.51800 |
| Next Low | 99.85500 |
| 2nd Low | 99.82300 |
| 3rd Low | 99.53300 |