AUD/JPY – 30M – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 97.44500 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 98.74700 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.30800 |
| 2nd High | 99.21500 |
| Next High | 98.74700 |
| Current Price | 97.66600 |
| Next Low | 97.44500 |
| 2nd Low | 96.70700 |
| 3rd Low | 95.65700 |