AUD/JPY – 30M – SELLThe combination goes from the bullish trendline down.
A bearish descent downwards to the next support at 98.57900 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 99.05900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 99.05900 |
| Current Price | 98.53800 |
| Next Low | 98.57900 |
| 2nd Low | 97.98100 |
| 3rd Low | 97.94100 |