AUD/JPY – 30M – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 91.16600 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 90.59700 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91.31300 |
| 2nd High | 91.20200 |
| Next High | 91.16600 |
| Current Price | 90.73500 |
| Next Low | 90.59700 |
| 2nd Low | 90.48000 |
| 3rd Low | 90.30100 |
91.16600 – 90.81400 – 91.20200 – 90.59700 – 90.48000 – 90.30100