AUD/JPY – 30M – SELLThe pair jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 100.37700 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 100.94100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.94100 |
| Current Price | 100.67800 |
| Next Low | 100.37700 |
| 2nd Low | 100.31400 |
| 3rd Low | 100.06400 |