The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 113.437 is likely expected.
Caution: A possible change in the direction of the support zone at 112.18 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.541 |
| 2nd High | 113.444 |
| Next High | 113.437 |
| Current Price | 113.56800 |
| Next Low | 112.18 |
| 2nd Low | 111.148 |
| 3rd Low | 108.777 |
112.755 – 112.805 – 112.626 – 112.18 – 112.2 – 111.148 —
112.93300 – 113.50800 —
61.552329116526 – 71.206621823054 —
– —
112.755 – 1783612800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –