AUD/JPY – 30M – BUYThe combination moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 100.37700 will continue.
Caution: A possible counter-trend in the direction of the support level at 99.43000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.94100 |
| Next High | 100.37700 |
| Current Price | 99.90000 |
| Next Low | 99.43000 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |