AUD/JPY – 30M – BUYThe combination jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 102.39800 will continue.
Caution: A possible counter-trend in the direction of the support line at 101.93500 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 102.39800 |
| Current Price | 102.16500 |
| Next Low | 101.93500 |
| 2nd Low | 101.29500 |
| 3rd Low | 100.25600 |