AUD/JPY – 1H – SELLThe pair jumps from the ascending trendline down.
A descent down to the next support at 100.31400 will persist.
Caution: A possible trend reversal in the direction of resistance at 101.41400 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 | 101.41400 |
| Current Price | 100.69900 |
| Next Low | 100.31400 |
| 2nd Low | 99.68100 |
| 3rd Low | 99.08000 |