AUD/JPY – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 100.87100 is expected.
Caution: A possible counter-trend in the direction of the support level at 100.44800 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.68600 |
| 2nd High | 101.42300 |
| Next High | 100.87100 |
| Current Price | 100.72400 |
| Next Low | 100.44800 |
| 2nd Low | 100.15400 |
| 3rd Low | 100.03000 |