Then a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 102.483 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 102.483 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 102.483 |
| Current Price | 102.11600 |
| Next Low | 101.633 |
| 2nd Low | 100.342 |
| 3rd Low | 100.138 |
101.503 – 102.483 – 101.428 – 101.633 – 100.342 – 100.353 —
101.96200 – 102.04900 —
63.284569976678 – 62.166678983992 —
– —
101.50300 – 1764032400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – – – – – –