AUD/JPY – 30M – BUY

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 114.163316 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 114.257 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

114.257 – 114.251 – 114.224 – 113.84 – 113.839 – 113.799 —
114.20500 – 113.99200 —
53.52881095911 – 39.54690420783 —
– —
114.257 – 1776943800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Up – – – – – – – – –