Buy AUD/JPY – 1H – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 114.293 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 113.799 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 114.369 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 114.293 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High 114.369
Next High 114.293
Current Price 114.17500
Next Low 113.799
2nd Low 113.687
3rd Low 113.065

114.293 – 114.149 – 114.369 – 113.799 – 113.687 – 113.065 —
114.08500 – 114.18100 —
54.720308834461 – 53.899099375584 —
– —
114.293 – 1776790800

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