AUD/JPY – 30M – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 99.87300 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 98.58600 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.11000 |
| 2nd High | 101.77100 |
| Next High | 99.87300 |
| Current Price | 99.83900 |
| Next Low | 98.58600 |
| 2nd Low | 98.48000 |
| 3rd Low | 97.98100 |