AUD/JPY – 30M – SELLThe combination moves from the ascending trendline down.
A bearish movement down to the next support line at 98.58600 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 99.34800 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 99.34800 |
| Current Price | 99.43400 |
| Next Low | 98.58600 |
| 2nd Low | 98.48000 |
| 3rd Low | 97.98100 |