The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 113.679 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 114.257 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.369 |
| 2nd High | 114.293 |
| Next High | 114.257 |
| Current Price | 114.13700 |
| Next Low | 113.679 |
| 2nd Low | 113.65 |
| 3rd Low | 113.065 |
114.257 – 114.251 – 114.293 – 113.679 – 113.65 – 113.84 —
114.00600 – 114.27300 —
55.942097197051 – 69.231612168469 —
– —
114.257 – 1776942000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –