AUD/JPY – 30M – BUY
The combination breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 100.21800 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 99.61600 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 100.94100 |
2nd High | 100.37700 |
Next High | 100.21800 |
Current Price | 100.27800 |
Next Low | 99.61600 |
2nd Low | 99.56600 |
3rd Low | 99.43000 |