The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 93.23200 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 93.90700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94.74500 |
| 2nd High | 94.71000 |
| Next High | 93.90700 |
| Current Price | 93.39000 |
| Next Low | 93.23200 |
| 2nd Low | 93.03000 |
| 3rd Low | 92.55100 |
93.90700 – 94.71000 – 94.58500 – 93.23200 – 93.30100 – 94.19000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows