AUD/JPY – 30M – BUYThe pair breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 100.40400 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 99.69300 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.40400 |
| Current Price | 100.13100 |
| Next Low | 99.69300 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |