AUD/JPY

AUD/JPY selling zone for the AUD/JPY currency pair is identified at 102.521. This suggests an opportune moment for traders to consider selling the pair. To maximize potential gains, take-profit levels are advised at 102.000, 101.500, and 101.000, each serving as strategic points to secure profits as the price declines. Meanwhile, to mitigate potential losses, a stop-loss order is recommended at 103.500, ensuring a predefined exit point if the market moves against the intended trade direction. Implementing these levels strategically can help traders manage risk and capitalize on potential market movements effectively.