AUD/JPY – 4H – SELLThe pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 95.79700 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 98.73100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.39800 |
| 2nd High | 101.55400 |
| Next High | 98.73100 |
| Current Price | 97.40000 |
| Next Low | 95.79700 |
| 2nd Low | 95.51400 |
| 3rd Low |