AUD/JPY – 30M – BUYThe currency pair breaks through the descending trendline up.
An ascent up to the next resistance line at 95.70600 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 93.58600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 95.70600 |
| Current Price | 95.43300 |
| Next Low | 93.58600 |
| 2nd Low | 93.41400 |
| 3rd Low | 91.34200 |