AUD/JPY – 1H – BUYThe currency pair breaks through the descending trendline up.
A bullish ascent up to the next resistance at 95.31000 is likely expected.
Caution: A possible counter-trend in the direction of support at 93.86900 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.70600 |
| 2nd High | 95.66600 |
| Next High | 95.31000 |
| Current Price | 95.81800 |
| Next Low | 93.86900 |
| 2nd Low | 93.58600 |
| 3rd Low | 93.41400 |