AUD/JPY – 30M – BUYThe pair breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 99.86000 is certain.
Caution: A possible trend reversal in the direction of the support line at 99.11700 should always be considered.
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 | 99.86000 |
| Current Price | 99.81100 |
| Next Low | 99.11700 |
| 2nd Low | 98.58600 |
| 3rd Low | 98.48000 |