AUD/JPY – 1H – SELLThe currency pair goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 100.37700 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 100.94100 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.94100 |
| Current Price | 100.37800 |
| Next Low | 100.37700 |
| 2nd Low | 100.31400 |
| 3rd Low | 99.68100 |