AUD/JPY – 30M – SELL
The pair goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 100.04000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 100.76400 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 101.77100 |
2nd High | 101.41400 |
Next High | 100.76400 |
Current Price | 100.07400 |
Next Low | 100.04000 |
2nd Low | 99.69300 |
3rd Low | 99.08000 |