AUD/JPY – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 99.83400 will persist.
Caution: A possible counter-trend in the direction of the support line at 98.58600 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 99.81700 |
| Next Low | 98.58600 |
| 2nd Low | 98.48000 |
| 3rd Low | 97.98100 |