AUD/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 99.83400 will continue.
Caution: A possible trend reversal in the direction of the support line at 99.11700 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 99.79400 |
| Next Low | 99.11700 |
| 2nd Low | 98.58600 |
| 3rd Low | 98.48000 |