The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 113.953 is expected.
Caution: A possible change in the direction of the support line at 109.526 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 113.953 |
| Current Price | 111.81500 |
| Next Low | 109.526 |
| 2nd Low | 108.8 |
| 3rd Low | 107.678 |
113.953 – 112.086 – 111.469 – 109.526 – 109.677 – 108.8 —
113.34000 – 111.94600 —
56.543338833607 – 37.378451170583 —
– —
113.953 – 1773244800
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –