AUD/JPY – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 101.11300 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 100.29600 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.68600 |
| 2nd High | 101.42300 |
| Next High | 101.11300 |
| Current Price | 100.58700 |
| Next Low | 100.29600 |
| 2nd Low | 100.15400 |
| 3rd Low | 100.03000 |