AUD/JPY – 30M – BUYThe combination jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 95.31000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 94.69900 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.66600 |
| 2nd High | 95.61300 |
| Next High | 95.31000 |
| Current Price | 95.11600 |
| Next Low | 94.69900 |
| 2nd Low | 93.86900 |
| 3rd Low | 93.58600 |