AUD/JPY – 30M – SELLThe pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 94.58200 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 96.49300 should always be considered.
Consider stop-loss settings accordingly.
| 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 | 94.45700 |
96.49300 – 95.36500 – 94.63700 – 94.58200 – 94.56400 – 94.45700 — 43.239261408905 – 41.507788750952 — 3.4591177034904 – 1.2966873769371 – 3.0268885778447 – 2.7383075946393
Trading Signals: FOREX – AUD – AUD/JPY – JPY – On Neck – Rising Wedge Chart Pattern – –