AUD/JPY – 30M – SELLThe combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline downwards
The bearish trend downwards to the next support at 94.58200 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 96.49300 should be noted.
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 | 95.89200 |
| Next Low | 94.58200 |
| 2nd Low | 94.56400 |
| 3rd Low | 94.45700 |
96.49300 – 95.36500 – 94.63700 – 94.58200 – 94.56400 – 94.45700 — 48.433550112272 – 47.812223775464 — 1.0736914385593 – 0 – 8.4517555635607 – 3.2002663420623
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – –