AUD/JPY – 30M – BUYThe combination breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 101.06300 will persist.
Caution: A possible trend reversal in the direction of the support level at 100.67100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.68600 |
| 2nd High | 101.51900 |
| Next High | 101.06300 |
| Current Price | 100.89900 |
| Next Low | 100.67100 |
| 2nd Low | 100.39800 |
| 3rd Low | 100.29600 |