AUD/JPY – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 100.37700 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 100.94100 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.94100 |
| Current Price | 100.66000 |
| Next Low | 100.37700 |
| 2nd Low | 100.31400 |
| 3rd Low | 100.06400 |