AUD/JPY – 4H – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards
A descent downwards to the next support at 96.92900 is certain.
Caution: A possible change in the direction of the resistance zone at 98.73100 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.39800 |
| 2nd High | 101.55400 |
| Next High | 98.73100 |
| Current Price | 98.13600 |
| Next Low | 96.92900 |
| 2nd Low | 95.79700 |
| 3rd Low | 95.51400 |