AUD/JPY – 1H – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 95.30700 is considered certain.
Caution: A possible change in the direction of the support zone at 92.80500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.39200 |
| Next High | 95.30700 |
| Current Price | 93.68900 |
| Next Low | 92.80500 |
| 2nd Low | 92.21400 |
| 3rd Low | 92.11000 |
93.54400 – 93.33600 – 93.56100 – 92.80500 – 92.21400 – 92.11000