AUD/JPY – 30M – BUYThe combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 97.00200 will persist.
Caution: A possible trend reversal in the direction of the support zone at 96.55500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.53600 |
| 2nd High | 97.14200 |
| Next High | 97.00200 |
| Current Price | 96.61100 |
| Next Low | 96.55500 |
| 2nd Low | 95.90400 |
| 3rd Low | 95.65700 |