AUD/JPY – 1H – SELLThe currency pair goes from the ascending trendline down.
The bearish trend down to the next support line at 99.93900 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 100.83100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.94100 |
| Next High | 100.83100 |
| Current Price | 100.78800 |
| Next Low | 99.93900 |
| 2nd Low | 99.56600 |
| 3rd Low | 99.43000 |