AUD/JPY – 30M – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 92.76900 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 93.23100 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.64000 |
| 2nd High | 93.84100 |
| Next High | 93.23100 |
| Current Price | 93.05400 |
| Next Low | 92.76900 |
| 2nd Low | 92.75100 |
| 3rd Low | 92.73300 |
93.23100 – 93.09500 – 93.19400 – 92.76900 – 92.75100 – 92.73300
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji