AUD/JPY – 1H – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline downwards
A bearish descent down to the next support at is expected.
Caution: A possible counter-trend in the direction of the resistance level at 93.56100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.39200 |
| 2nd High | 95.30700 |
| Next High | 93.56100 |
| Current Price | 92.47300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
93.56100 – 93.47600 – 91.67700 – 92.84100 – 90.69100 – 90.58300