AUD/JPY – 30M – BUYThe combination breaks through the descending trendline up.
An ascent upwards to the next resistance at 100.16000 will persist.
Caution: A possible trend reversal in the direction of the support level at 99.08000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.16000 |
| Current Price | 99.62300 |
| Next Low | 99.08000 |
| 2nd Low | 98.74200 |
| 3rd Low | 98.34100 |