The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline downwards
A bearish movement down to the next support line at 96.306 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 98.759 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 99.161 |
| Next High | 98.759 |
| Current Price | 97.55200 |
| Next Low | 96.306 |
| 2nd Low | 94.397 |
| 3rd Low | 93.96 |
97.425 – 96.195 – 96.493 – 96.306 – 94.397 – 93.96 — 43.114741236134 – 38.907578177103 — 5.2429378531073 – 0 – 8.4608397031129 – 5.1042428270743
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – –