AUD/JPY – 30M – SELLThe pair moves from the bullish trendline down.
A descent down to the next support level at 97.98100 is likely expected.
Caution: A possible change in the direction of the resistance level at 98.94300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 98.94300 |
| Current Price | 98.62600 |
| Next Low | 97.98100 |
| 2nd Low | 97.94100 |
| 3rd Low | 97.62000 |