The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 102.842 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 102.09400 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 102.842 |
| Current Price | 102.56300 |
| Next Low | 102.09400 |
| 2nd Low | 102.013 |
| 3rd Low | 101.506 |
102.842 – 102.505 – 102.495 – 102.09400 – 102.096 – 102.013 —
102.30400 – 102.52700 —
37.192279562184 – 54.904021475492 —
102.09400 – 1764853200 —
102.84200 – 1764831600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –