AUD/JPY – 1H – SELLThe currency pair jumps from the bullish trendline down.
A bearish movement down to the next support level at 98.02200 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 100.71800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 100.71800 |
| Current Price | 98.62800 |
| Next Low | 98.02200 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |