The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 106.313 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.711 |
| 2nd High | 106.325 |
| Next High | 106.313 |
| Current Price | 105.88600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
106.313 – 106.325 – 106.228 – 105.209 – 105.523 – 105.867 —
105.88400 – 105.94500 —
60.808377105337 – 64.954059103847 —
– —
106.31300 – 1768527000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double top chart pattern – – – – – – – –