The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at is expected.
Caution: A possible trend reversal in the direction of the resistance level at 113.581 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.438 |
| 2nd High | 114.305 |
| Next High | 113.581 |
| Current Price | 113.11900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113.581 – 114.305 – 113.322 – 112.366 – 112.189 – 112.288 —
113.42300 – 113.15600 —
50.93181506213 – 45.198770596511 —
– —
113.581 – 1778158800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –