AUD/JPY – 30M – BUYThe combination goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 101.41400 is expected.
Caution: A possible trend reversal in the direction of the support line at 100.83700 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 | 101.41400 |
| Current Price | 100.93100 |
| Next Low | 100.83700 |
| 2nd Low | 99.89600 |
| 3rd Low | 98.74200 |