AUD/JPY – 30M – BUYThe pair breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 95.70600 is expected.
Caution: A possible trend reversal in the direction of support at 93.58600 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 95.70600 |
| Current Price | 95.35800 |
| Next Low | 93.58600 |
| 2nd Low | 93.41400 |
| 3rd Low | 91.34200 |