AUD/JPY – 1H – SELLThe currency pair goes from the ascending trendline down.
A bearish descent down to the next support line at 98.02200 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 100.71800 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 100.71800 |
| Current Price | 98.20700 |
| Next Low | 98.02200 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |