AUD/JPY – 30M – SELLThe pair jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 95.31700 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 96.24300 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 96.24300 |
| Current Price | 96.18900 |
| Next Low | 95.31700 |
| 2nd Low | 94.69900 |
| 3rd Low | 93.86900 |