The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline down.
A bearish descent downwards to the next support at 94.08400 is expected.
Caution: A possible change in the direction of resistance at 95.64000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96.48800 |
| 2nd High | 95.74300 |
| Next High | 95.64000 |
| Current Price | 94.07000 |
| Next Low | 94.08400 |
| 2nd Low | 93.90700 |
| 3rd Low | 93.23900 |
94.33500 – 94.23400 – 94.12300 – 94.08400 – 93.90700 – 93.96700
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low