The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline down.
A bearish descent downwards to the next support at 95.76 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 96.83 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96.985 |
| 2nd High | 96.886 |
| Next High | 96.83 |
| Current Price | 96.76600 |
| Next Low | 95.76 |
| 2nd Low | 95.703 |
| 3rd Low | 95.62 |
96.83 – 96.886 – 96.162 – 95.76 – 95.703 – 95.765 — 56.889958642537 – 42.523655723836 — 48.312579884548 – 32.272713004063 – 59.154671826056 – 48.197672652959
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Down – Double top retreat up – –