AUD/JPY – 30M – BUY

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

A bullish movement upwards to the next resistance line at 101.286 will persist.

Caution: A possible trend reversal in the direction of the support zone at 100.353 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

101.286 – 102.483 – 102.235 – 100.353 – 100.602 – 101.29 —
101.22400 – 101.28600 —
54.299508554512 – 55.494009185187 —
– —
101.28600 – 1763956800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – – – – – –