© Dukascopy Bank SA
Now the pair is on the brink of falling beneath the 50-hour SMA at 95.84, below which there are only two levels-95.75/65 (daily S1; four-hour S1) and 95.46 (daily S2; four-hour S2) capable to stop the pair from nearing the neck-line at 95.40. If AUD/JPY breaches these support zones and the neck-line, the breakout followed by a massive sell-off is likely to happen.
© Dukascopy Bank SA