The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
Next a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 101.82100 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
102.357 – 102.303 – 102.131 – 101.836 – 101.633 – 100.342 —
101.78500 – 101.80700 —
31.536363054681 – 38.855109432529 —
– —
102.35700 – 1764351000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double top retreat up – – – – – – – –