AUD/JPY – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 96.99700 will persist.
Caution: A possible counter-trend in the direction of the support zone at 94.69900 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.64400 |
| 2nd High | 97.04400 |
| Next High | 96.99700 |
| Current Price | 96.07800 |
| Next Low | 94.69900 |
| 2nd Low | 93.86900 |
| 3rd Low | 93.58600 |