The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 94.58200 will continue.
Caution: A possible counter-trend in the direction of resistance at 96.49300 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 96.49300 |
| Current Price | 95.74900 |
| Next Low | 94.58200 |
| 2nd Low | 94.56400 |
| 3rd Low | 94.32900 |
96.49300 – 95.36500 – 94.67800 – 94.58200 – 94.56400 – 94.32900 — 59.298444663791 – 53.221380126342 — 43.167786470754 – 27.580945801038 – 51.964811508169 – 40.882697910151
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Rising Wedge Chart Pattern – –