The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
An ascent up to the next resistance at 94.83400 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 94.16500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.64000 |
| Next High | 94.83400 |
| Current Price | 94.68300 |
| Next Low | 94.16500 |
| 2nd Low | 93.24000 |
| 3rd Low | 92.31100 |
94.83400 – 94.54700 – 93.88200 – 94.16500 – 93.24000 – 92.31100
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji