AUD/JPY – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 108.566 is certain.

Caution: A possible counter-trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

108.566 – 107.138 – 107.087 – 106.519 – 106.074 – 106.072 —
107.98700 – 107.77000 —
53.481518069906 – 44.160598737039 —
– —
108.56600 – 1769670000

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