AUD/JPY – 1H – BUYThe currency pair breaks through the descending trendline upwards
An ascent up to the next resistance line at 100.94700 is expected.
Caution: A possible counter-trend in the direction of the support zone at 99.56600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.68600 |
| 2nd High | 101.51900 |
| Next High | 100.94700 |
| Current Price | 99.96900 |
| Next Low | 99.56600 |
| 2nd Low | 99.43000 |
| 3rd Low | 99.08000 |