AUD/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 100.92600 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 100.02300 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.06300 |
| 2nd High | 100.94700 |
| Next High | 100.92600 |
| Current Price | 100.61400 |
| Next Low | 100.02300 |
| 2nd Low | 100.00500 |
| 3rd Low | 99.85500 |