The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline down.
A descending movement down to the next support at 94.56400 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 95.36500 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 95.64000 |
| Next High | 95.36500 |
| Current Price | 94.63800 |
| Next Low | 94.56400 |
| 2nd Low | 94.45700 |
| 3rd Low | 94.32900 |
95.36500 – 94.63700 – 94.67800 – 94.56400 – 94.45700 – 94.32900 — 44.56477237783 – 42.267149542608