AUD/JPY – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 96.32900 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 95.65700 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.04400 |
| 2nd High | 96.99700 |
| Next High | 96.32900 |
| Current Price | 97.18100 |
| Next Low | 95.65700 |
| 2nd Low | 95.31700 |
| 3rd Low | 94.69900 |