The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 106.627 will continue.
Caution: A possible counter-trend in the direction of the support level at 105.943 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochRSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Die Paarung wird wahrscheinlich fallen.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 106.627 |
| Current Price | 106.49700 |
| Next Low | 105.943 |
| 2nd Low | 105.717 |
| 3rd Low | 105.463 |
106.627 – 106.275 – 105.939 – 105.943 – 105.717 – 105.463 —
106.52900 – 106.47800 —
64.839381490738 – 48.35435695518 —
– —
106.62700 – 1768284000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – – – – – –