AUD/JPY – 1H – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 99.53300 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 100.72100 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 100.94700 |
| Next High | 100.72100 |
| Current Price | 100.14300 |
| Next Low | 99.53300 |
| 2nd Low | 99.43000 |
| 3rd Low | 99.08000 |