AUD/JPY – 1H – SELLThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 95.51500 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 96.06900 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 96.49300 |
| Next High | 96.06900 |
| Current Price | 95.74500 |
| Next Low | 95.51500 |
| 2nd Low | 94.58200 |
| 3rd Low | 94.56400 |
96.06900 – 96.49300 – 95.36500 – 95.51500 – 94.58200 – 94.56400 — 50.147449831254 – 49.873565784206 — 74.623109738 – 82.934094265475 – 61.109300111838 – 74.097833341857
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – Double bottom chart pattern – –