AUD/JPY – 1H – BUYThe combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 94.23400 is certain.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.64000 |
| Next High | 94.23400 |
| Current Price | 94.28200 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
94.23400 – 93.77700 – 93.59000 – 93.90700 – 92.55100 – 92.05400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji