AUD/JPY – 1H – BUYThe pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 93.23100 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.64000 |
| 2nd High | 93.84100 |
| Next High | 93.23100 |
| Current Price | 93.17600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
93.23100 – 93.09500 – 93.19400 – 92.73300 – 92.13400 – 91.64600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji