The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 94.58200 will persist.
Caution: A possible change in the direction of resistance at 96.49300 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 96.49300 |
| Current Price | 95.73400 |
| Next Low | 94.58200 |
| 2nd Low | 94.56400 |
| 3rd Low | 94.32900 |
96.49300 – 95.36500 – 94.67800 – 94.58200 – 94.56400 – 94.32900 — 53.223696623525 – 52.707703898571 — 27.463548433665 – 13.974303450267 – 40.729572328173 – 28.141588224131
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low – Rising Wedge Chart Pattern – –