AUD/JPY – 30M – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 95.64000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 94.08400 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96.48800 |
| 2nd High | 95.74300 |
| Next High | 95.64000 |
| Current Price | 94.41700 |
| Next Low | 94.08400 |
| 2nd Low | 93.90700 |
| 3rd Low | 93.23900 |
94.33500 – 94.23400 – 94.12300 – 94.08400 – 93.90700 – 93.96700
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji