AUD/JPY – 1H – SELLThe combination goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 99.68100 will persist.
Caution: A possible change in the direction of the resistance zone at 100.77700 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.77700 |
| Current Price | 100.47000 |
| Next Low | 99.68100 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.34100 |