The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 108.996 is certain.
Caution: A possible change in the direction of the support line at 106.072 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 108.996 |
| Current Price | 107.92000 |
| Next Low | 106.072 |
| 2nd Low | 105.209 |
| 3rd Low | 104.718 |
108.996 – 106.711 – 105.928 – 106.072 – 105.209 – 105.582 —
106.98300 – 108.48100 —
50.468894595283 – 49.842155178311 —
– —
108.99600 – 1769155200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –