AUD/JPY – 30M – BUYThe combination breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 100.21800 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 99.61600 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 100.94100 |
| 2nd High | 100.37700 |
| Next High | 100.21800 |
| Current Price | 100.27800 |
| Next Low | 99.61600 |
| 2nd Low | 99.56600 |
| 3rd Low | 99.43000 |