AUD/JPY – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 101.68600 is expected.
Caution: A possible change in the direction of the support level at 100.89600 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 101.68600 |
| Current Price | 101.23500 |
| Next Low | 100.89600 |
| 2nd Low | 100.86200 |
| 3rd Low | 100.74100 |