AUD/JPY – 1H – SELLThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 104.718 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 105.527 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 105.928 |
| Next High | 105.527 |
| Current Price | 105.56800 |
| Next Low | 104.718 |
| 2nd Low | 104.558 |
| 3rd Low | 104.458 |
105.179 – 105.527 – 105.928 – 104.718 – 104.558 – 104.617 —
105.38900 – 105.63400 —
61.225670520369 – 68.30507748043 —
– —
105.17900 – 1767891600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Inverse Head and Shoulder chart pattern – – – – – – – –