AUD/JPY – 1H – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 100.71800 will continue.
Caution: A possible trend reversal in the direction of the support level at 98.02200 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105.76500 |
| 2nd High | 101.77100 |
| Next High | 100.71800 |
| Current Price | 99.22600 |
| Next Low | 98.02200 |
| 2nd Low | 97.62000 |
| 3rd Low | 96.70700 |