AUD/JPY – 30M – SELLThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 95.51600 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 95.84300 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96.49300 |
| 2nd High | 96.06900 |
| Next High | 95.84300 |
| Current Price | 95.74500 |
| Next Low | 95.51600 |
| 2nd Low | 95.51500 |
| 3rd Low | 94.58200 |
95.84300 – 96.06900 – 96.49300 – 95.51600 – 95.58000 – 95.51500 — 53.57030801145 – 50.624745934816 — 79.291234492577 – 76.977832011389 – 85.307210810567 – 80.105303595236
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom chart pattern – –