AUD/JPY – 1H – BUY
The pair breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 99.05900 is certain.
Caution: A possible counter-trend in the direction of support at 97.62000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 101.77100 |
2nd High | 99.86000 |
Next High | 99.05900 |
Current Price | 99.13300 |
Next Low | 97.62000 |
2nd Low | 96.70700 |
3rd Low | 95.65700 |