AUD/JPY – 30M – BUYThe pair breaks through the descending trendline upwards
An ascent upwards to the next resistance at 100.71800 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 98.08900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.11000 |
| 2nd High | 101.77100 |
| Next High | 100.71800 |
| Current Price | 99.38400 |
| Next Low | 98.08900 |
| 2nd Low | 98.02200 |
| 3rd Low | 97.98100 |