Buy AUD/JPY – 1H – BUY

There is also a ‘Hammer’ chart pattern is existing. The chart forms ‘Hammer’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

Support & Resistance Price Range*
3rd High 101.55400
2nd High 101.02600
Next High 99.16100
Current Price 98.57900
Next Low 97.49000
2nd Low 97.04900
3rd Low 96.92900

Download AUD/JPY Signal Image

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