AUD/JPY – 1H – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 110.588 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 109.756 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.771 |
| 2nd High | 111.158 |
| Next High | 110.588 |
| Current Price | 110.46400 |
| Next Low | 109.756 |
| 2nd Low | 109.4 |
| 3rd Low | 108.777 |
110.588 – 110.33 – 110.209 – 109.756 – 109.4 – 108.777 —
110.52500 – 110.55800 —
60.910142601466 – 48.795006085798 —
– —
110.588 – 1775494800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –