AUD/JPY – 30M – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
An ascent upwards to the next resistance at 98.125 will persist.
Caution: A possible change in the direction of the support zone at 97.424 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.419 |
| 2nd High | 98.382 |
| Next High | 98.125 |
| Current Price | 97.63400 |
| Next Low | 97.424 |
| 2nd Low | 96.81 |
| 3rd Low | 95.76 |
98.125 – 98.382 – 98.285 – 97.697 – 97.802 – 97.424 — 39.739952603312 – 48.087831245459 — 32.101108917118 – 49.143678305461 – 34.163185719305 – 38.666766722004
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom chart pattern – –