The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline downwards
A descending movement down to the next support line at 94.56400 is expected.
Caution: A possible change in the direction of the resistance zone at 95.36500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
Moreover a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 95.64000 |
| Next High | 95.36500 |
| Current Price | 94.63800 |
| Next Low | 94.56400 |
| 2nd Low | 94.45700 |
| 3rd Low | 94.32900 |
95.36500 – 94.63700 – 94.67800 – 94.56400 – 94.45700 – 94.32900 — 44.56477237783 – 42.267149542608 — 73.45 – 53.93