The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline down.
A descending movement down to the next support level at 104.973 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 105.69200 |
| Next Low | 104.973 |
| 2nd Low | 104.558 |
| 3rd Low | 104.459 |
105.361 – 105.248 – 105.072 – 104.973 – 104.558 – 104.617 —
105.52900 – 105.79000 —
63.942152318149 – 72.443416225451 —
– —
105.36100 – 1767688200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –