AUD/JPY – 30M – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline downwards
A bearish trend down to the next support at 96.95800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 98.05700 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.21500 |
| 2nd High | 98.74700 |
| Next High | 98.05700 |
| Current Price | 97.31200 |
| Next Low | 96.95800 |
| 2nd Low | 96.64000 |
| 3rd Low | 95.98200 |