AUD/JPY – 30M – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 101.17200 will persist.
Caution: A possible trend reversal in the direction of the support zone at 100.72300 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.30800 |
| 2nd High | 101.27700 |
| Next High | 101.17200 |
| Current Price | 101.10700 |
| Next Low | 100.72300 |
| 2nd Low | 100.68200 |
| 3rd Low | 100.45500 |