Buy AUD/JPY – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Next a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 108.996
Next High 108.566
Current Price 107.85200
Next Low
2nd Low
3rd Low

108.566 – 107.138 – 107.087 – 106.519 – 106.074 – 106.072 —
107.99000 – 107.85100 —
49.51829814078 – 52.493857444329 —
– —
108.56600 – 1769670000

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