The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 111.053 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 112.086 |
| 2nd High | 111.212 |
| Next High | 111.053 |
| Current Price | 110.81000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
111.053 – 111.212 – 112.086 – 110.06300 – 109.92 – 109.526 —
110.48100 – 110.59300 —
32.65362164268 – 48.461437553398 —
110.06300 – 1772737200 —
111.053 – 1772722800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –