AUD/JPY – 1H – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 97.08000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 95.51400 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.53600 |
| 2nd High | 97.14200 |
| Next High | 97.08000 |
| Current Price | 97.18500 |
| Next Low | 95.51400 |
| 2nd Low | |
| 3rd Low |