AUD/JPY – 1H – SELLThe pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 96.33100 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 97.08000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.53600 |
| 2nd High | 97.14200 |
| Next High | 97.08000 |
| Current Price | 96.55600 |
| Next Low | 96.33100 |
| 2nd Low | 95.90400 |
| 3rd Low |