The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 96.76 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 95.76 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96.985 |
| 2nd High | 96.78 |
| Next High | 96.76 |
| Current Price | 96.60500 |
| Next Low | 95.76 |
| 2nd Low | 95.703 |
| 3rd Low | 95.62 |
96.162 – 96.08 – 96.061 – 95.76 – 95.703 – 95.765 — 45.113183177758 – 49.338866141036 — 1.6529630306352 – 10.590597848552 – 13.812734966944 – 8.6090296537267
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Triple bottom chart pattern – –