AUD/JPY – 4H – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 95.79700 is expected.
Caution: A possible change in the direction of resistance at 98.72700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.39800 |
| 2nd High | 101.55400 |
| Next High | 98.72700 |
| Current Price | 97.96100 |
| Next Low | 95.79700 |
| 2nd Low | 95.51400 |
| 3rd Low |