AUD/JPY – 30M – SELLThe combination moves from the bullish trendline down.
The bearish trend downwards to the next support line at 96.70700 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 97.87100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 97.87100 |
| Current Price | 97.93300 |
| Next Low | 96.70700 |
| 2nd Low | 95.65700 |
| 3rd Low | 95.31700 |