AUD/JPY – 30M – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance at 114.224 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 113.839 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 114.311 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 114.224 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive 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%.

114.224 – 114.293 – 114.149 – 113.839 – 113.799 – 113.687 —
114.17200 – 114.20400 —
59.028356986897 – 56.277285428452 —
– —
114.224 – 1776855600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –