AUD/JPY – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 96.32900 is considered certain.
Caution: A possible trend reversal in the direction of support at 95.31700 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 96.32900 |
| Current Price | 97.18100 |
| Next Low | 95.31700 |
| 2nd Low | 93.86900 |
| 3rd Low | 93.58600 |