The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 98.125 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 97.697 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.419 |
| 2nd High | 98.382 |
| Next High | 98.125 |
| Current Price | 97.88300 |
| Next Low | 97.697 |
| 2nd Low | 97.424 |
| 3rd Low | 96.81 |
98.125 – 98.382 – 98.285 – 97.697 – 97.802 – 97.424 — 45.249074577937 – 48.247686238178 — 69.026861262303 – 65.298578858637 – 78.587772715659 – 71.453373510442
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – –