AUD/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 98.94300 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 97.98100 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.86000 |
| 2nd High | 99.83400 |
| Next High | 98.94300 |
| Current Price | 98.97500 |
| Next Low | 97.98100 |
| 2nd Low | 97.94100 |
| 3rd Low | 97.62000 |