AUD/JPY – 30M – BUYThe currency pair breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 100.40400 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 99.69300 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.40400 |
| Current Price | 100.27100 |
| Next Low | 99.69300 |
| 2nd Low | 99.08000 |
| 3rd Low | 98.74200 |