AUD/JPY – 30M – BUYThe combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
The bullish trend up to the next resistance at 97.00200 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 96.55500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.53600 |
| 2nd High | 97.14200 |
| Next High | 97.00200 |
| Current Price | 96.76700 |
| Next Low | 96.55500 |
| 2nd Low | 95.90400 |
| 3rd Low | 95.65700 |