The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline down.
A bearish trend down to the next support at 113.65 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 114.293 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 114.369 |
| Next High | 114.293 |
| Current Price | 114.15100 |
| Next Low | 113.65 |
| 2nd Low | 113.065 |
| 3rd Low | 111.518 |
114.293 – 114.369 – 112.369 – 113.65 – 113.065 – 111.518 —
114.00600 – 114.70600 —
50.411073636194 – 68.24389291389 —
– —
114.293 – 1776787200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –