Sell AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 104.617 will persist.

Caution: A possible change in the direction of the resistance line at 105.089 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 104.81 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 105.089 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 105.273
Next High 105.089
Current Price 104.92600
Next Low 104.617
2nd Low 104.458
3rd Low 104.429

105.089 – 105.273 – 104.835 – 104.617 – 104.458 – 104.429 —
104.83500 – 105.07200 —
41.372526395996 – 58.931297911598 —
– —
105.08900 – 1767582000

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