Sell AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support at 91.64600 is expected.

Caution: A possible change in the direction of the resistance zone at 92.68900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 92.2895 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 92.68900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 92.99200
2nd High 92.93300
Next High 92.68900
Current Price 92.54400
Next Low 91.64600
2nd Low 90.69100
3rd Low 90.58300

92.68900 – 92.44500 – 92.51600 – 91.64600 – 92.21100 – 92.15400

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