AUD/JPY – 30M – SELLThe currency pair goes from the ascending trendline down.
A bearish movement down to the next support line at 100.25600 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 101.01000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 101.06300 |
| Next High | 101.01000 |
| Current Price | 101.10700 |
| Next Low | 100.25600 |
| 2nd Low | 100.02300 |
| 3rd Low | 100.00500 |