AUD/JPY – 30M – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 98.72700 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 97.86300 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.21500 |
| 2nd High | 98.74700 |
| Next High | 98.72700 |
| Current Price | 98.14800 |
| Next Low | 97.86300 |
| 2nd Low | 97.77900 |
| 3rd Low | 97.74000 |