AUD/JPY – 1H – BUYThe currency pair goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 101.68600 will continue.
Caution: A possible counter-trend in the direction of the support level at 100.44800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 101.68600 |
| Current Price | 100.71700 |
| Next Low | 100.44800 |
| 2nd Low | 99.93900 |
| 3rd Low | 99.56600 |