AUD/JPY – 30M – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 99.83400 will persist.
Caution: A possible change in the direction of support at 99.11700 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 99.86000 |
| Next High | 99.83400 |
| Current Price | 99.78300 |
| Next Low | 99.11700 |
| 2nd Low | 98.58600 |
| 3rd Low | 98.48000 |