AUD/JPY – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 99.86000 is certain.
Caution: A possible trend reversal in the direction of the support level at 98.58600 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 99.86000 |
| Current Price | 99.99200 |
| Next Low | 98.58600 |
| 2nd Low | 98.48000 |
| 3rd Low | 97.62000 |