AUD/JPY – 1H – BUYThe combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 98.40500 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 97.78000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.72700 |
| 2nd High | 98.43800 |
| Next High | 98.40500 |
| Current Price | 98.53800 |
| Next Low | 97.78000 |
| 2nd Low | 97.74000 |
| 3rd Low | 97.73700 |