The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 93.84100 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 92.93100 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 95.74300 |
2nd High | 95.64000 |
Next High | 93.84100 |
Current Price | 93.56600 |
Next Low | 92.93100 |
2nd Low | 92.76900 |
3rd Low | 92.75100 |
93.23100 – 93.09500 – 93.19400 – 92.93100 – 92.76900 – 92.75100
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji