AUD/JPY – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 97.87100 will persist.
Caution: A possible counter-trend in the direction of support at 96.70700 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 97.87100 |
| Current Price | 97.93900 |
| Next Low | 96.70700 |
| 2nd Low | 95.65700 |
| 3rd Low | 95.31700 |