AUD/JPY – 30M – BUYThe currency pair breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 100.09700 is certain.
Caution: A possible trend reversal in the direction of the support level at 98.34100 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 99.6073 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 100.09700 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 100.71800 |
| Next High | 100.09700 |
| Current Price | 99.32700 |
| Next Low | 98.34100 |
| 2nd Low | 98.08900 |
| 3rd Low | 98.02200 |