AUD/JPY – 1H – BUYThe combination breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 100.72100 is certain.
Caution: A possible trend reversal in the direction of support at 99.53300 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.51900 |
| 2nd High | 100.94700 |
| Next High | 100.72100 |
| Current Price | 100.30700 |
| Next Low | 99.53300 |
| 2nd Low | 99.43000 |
| 3rd Low | 99.08000 |