The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.
A continuation of the downtrend down to the next support at 94.19000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 94.58500 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.64000 |
| 2nd High | 94.74500 |
| Next High | 94.58500 |
| Current Price | 94.38100 |
| Next Low | 94.19000 |
| 2nd Low | 93.88900 |
| 3rd Low | 93.23900 |
94.58500 – 94.74500 – 94.59800 – 94.19000 – 93.88900 – 94.08400