AUD/JPY – 1H – BUYThe pair jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 100.77700 is expected.
Caution: A possible counter-trend in the direction of the support level at 100.31400 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 101.41400 |
| Next High | 100.77700 |
| Current Price | 100.83000 |
| Next Low | 100.31400 |
| 2nd Low | 99.68100 |
| 3rd Low | 99.08000 |