AUD/JPY – 4H – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 108.996 is certain.
Caution: A possible counter-trend in the direction of the support level at 106.519 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 108.996 |
| Current Price | 109.73900 |
| Next Low | 106.519 |
| 2nd Low | 106.072 |
| 3rd Low | 105.209 |
108.996 – 106.711 – 105.928 – 106.519 – 106.072 – 105.209 —
109.33800 – 110.06300 —
67.927413833905 – 59.907550970389 —
– —
108.996 – 1769155200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Rising Wedge Chart Pattern – – – – – – – –