The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline down.
A descent down to the next support level at 95.76 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 96.985 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.326 |
| 2nd High | 97.272 |
| Next High | 96.985 |
| Current Price | 96.77100 |
| Next Low | 95.76 |
| 2nd Low | 95.703 |
| 3rd Low | 95.62 |
96.162 – 96.08 – 96.061 – 95.76 – 95.703 – 95.765 — 47.686454681248 – 45.085443235457 — 12.888525037522 – 0 – 35.839913926411 – 16.445359284274
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Triple bottom chart pattern – –