The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 111.504 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 111.876 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 112.263 |
| 2nd High | 112.157 |
| Next High | 111.876 |
| Current Price | 111.79000 |
| Next Low | 111.504 |
| 2nd Low | 111.324 |
| 3rd Low | 111.148 |
111.876 – 111.735 – 112.157 – 111.504 – 111.324 – 111.148 —
111.78400 – 111.83200 —
49.365539510969 – 60.656227660347 —
– —
111.876 – 1783063800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –