The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 94.23400 is certain.
Caution: A possible trend reversal in the direction of the support level at 93.90700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.64000 |
| Next High | 94.23400 |
| Current Price | 94.19200 |
| Next Low | 93.90700 |
| 2nd Low | 93.23900 |
| 3rd Low | 93.03000 |
94.23400 – 94.12300 – 93.60700 – 93.90700 – 93.96700 – 93.23900
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami Cross