AUD/JPY – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 98.74200 is expected.
Caution: A possible trend reversal in the direction of resistance at 99.60500 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.71800 |
| 2nd High | 100.09700 |
| Next High | 99.60500 |
| Current Price | 99.81100 |
| Next Low | 98.74200 |
| 2nd Low | 98.34100 |
| 3rd Low | 98.08900 |