The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 91.64600 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 93.19400 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 95.64000 |
2nd High | 93.84100 |
Next High | 93.19400 |
Current Price | 92.47800 |
Next Low | 91.64600 |
2nd Low | 90.58300 |
3rd Low | 89.63300 |
93.19400 – 93.84100 – 95.64000 – 91.64600 – 92.73700 – 92.11000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows