The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 94.23400 is certain.
Caution: A possible counter-trend in the direction of the support zone at 93.90700 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 | 94.23400 |
| Current Price | 94.23000 |
| Next Low | 93.90700 |
| 2nd Low | 92.55100 |
| 3rd Low | 92.05400 |
94.23400 – 93.77700 – 93.59000 – 93.90700 – 92.55100 – 92.05400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji