AUD/JPY – 30M – BUYThe currency pair goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 98.71100 is expected.
Caution: A possible trend reversal in the direction of the support level at 97.94100 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 98.71100 |
| Current Price | 98.14300 |
| Next Low | 97.94100 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |