The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 98.243 is considered certain.
Caution: A possible change in the direction of the support level at 97.424 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.161 |
| 2nd High | 98.759 |
| Next High | 98.243 |
| Current Price | 97.75300 |
| Next Low | 97.424 |
| 2nd Low | 96.81 |
| 3rd Low | 95.76 |
97.425 – 97.328 – 96.996 – 97.424 – 96.81 – 95.76 — 67.96411752718 – 68.803906302431 — 98.331290284313 – 98.671359088932 – 96.625234511272 – 97.527251637734
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double top chart pattern – –