The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bearish trendline upwards
An ascending movement upwards to the next resistance level at 108.886 is certain.
Caution: A possible counter-trend in the direction of the support level at 107.678 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 109.638 |
| 2nd High | 109.48 |
| Next High | 108.886 |
| Current Price | 108.19700 |
| Next Low | 107.678 |
| 2nd Low | 106.853 |
| 3rd Low | 106.519 |
108.886 – 109.48 – 109.638 – 107.678 – 107.967 – 108.641 —
108.59900 – 108.20500 —
53.986940823967 – 34.132080033304 —
– —
108.886 – 1771243200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double bottom retreat down – – – – – – – –