AUD/JPY – 30M – BUYThe currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline up.
An ascent up to the next resistance at 105.273 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 104.558 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 105.273 |
| Current Price | 105.13400 |
| Next Low | 104.558 |
| 2nd Low | 104.459 |
| 3rd Low | 104.458 |
105.072 – 105.089 – 105.273 – 104.558 – 104.617 – 104.459 —
104.86600 – 105.09800 —
50.075901474499 – 64.8999301347 —
– —
105.07200 – 1767634200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double top retreat up – – – – – – – –