The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0 is considered certain.
Caution: A possible change in the direction of resistance at 0 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 106.73100 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
107.087 – 106.882 – 108.996 – 106.074 – 106.449 – 106.072 —
106.55800 – 106.73700 —
37.41916122892 – 49.931789910797 —
– —
107.08700 – 1769506200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –