AUD/JPY – 30M – BUYThe combination breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 97.31900 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 95.65700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.83400 |
| 2nd High | 97.64400 |
| Next High | 97.31900 |
| Current Price | 97.59800 |
| Next Low | 95.65700 |
| 2nd Low | 95.31700 |
| 3rd Low | 94.69900 |