AUD/JPY – 30M – SELLThe pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 100.82900 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 101.14200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.28500 |
| 2nd High | 101.55400 |
| Next High | 101.14200 |
| Current Price | 100.91600 |
| Next Low | 100.82900 |
| 2nd Low | 100.56500 |
| 3rd Low | 99.48200 |