AUD/JPY – 1H – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of resistance at 91.10100 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.13100 |
| 2nd High | 91.31600 |
| Next High | 91.10100 |
| Current Price | 90.07000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
91.10100 – 91.31600 – 89.68400 – 86.04000 – 86.11200 – 92.27800