The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline downwards
A descending movement down to the next support at 104.558 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 105.072 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.273 |
| 2nd High | 105.089 |
| Next High | 105.072 |
| Current Price | 105.07600 |
| Next Low | 104.558 |
| 2nd Low | 104.459 |
| 3rd Low | 104.458 |
105.072 – 105.089 – 105.273 – 104.558 – 104.617 – 104.459 —
105.15200 – 105.15600 —
66.237789274725 – 59.55438934527 —
– —
105.07200 – 1767634200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –