AUD/JPY – 1H – BUYThe combination jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 99.34800 is certain.
Caution: A possible change in the direction of the support line at 98.48000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.34800 |
| Current Price | 98.72600 |
| Next Low | 98.48000 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |