The combination jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 100.29600 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 100.87100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 100.296 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 100.87100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance |
Price Range* |
3rd High |
101.68600 |
2nd High |
101.42300 |
Next High |
100.87100 |
Current Price |
100.50300 |
Next Low |
100.29600 |
2nd Low |
100.15400 |
3rd Low |
100.03000 |
Download AUD/JPY Signal Image
Trading Signals: FOREX – AUD – AUD/JPY – JPY