The 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 94.59800 is certain.
Caution: A possible change in the direction of support at 93.88900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.74300 |
| 2nd High | 95.64000 |
| Next High | 94.59800 |
| Current Price | 94.59700 |
| Next Low | 93.88900 |
| 2nd Low | 93.23900 |
| 3rd Low | 93.03000 |
94.59800 – 94.33500 – 94.23400 – 93.88900 – 94.08400 – 93.90700
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji