AUD/JPY – 30M – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance at 105.939 will persist.

Caution: A possible trend reversal in the direction of support at 105.71700 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

105.939 – 105.648 – 105.179 – 105.71700 – 105.463 – 105.175 —
105.80300 – 105.91000 —
55.265314158844 – 54.429582117314 —
105.71700 – 1768213800 —
105.93900 – 1768197600

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