AUD/JPY – 30M – SELLThe pair goes from the ascending trendline down.
A bearish trend down to the next support at 100.39800 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 101.51900 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 101.68600 |
| Next High | 101.51900 |
| Current Price | 100.80100 |
| Next Low | 100.39800 |
| 2nd Low | 100.29600 |
| 3rd Low | 100.15400 |