AUD/JPY – 30M – SELL

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 113.903432 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 113.237 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

113.237 – 114.438 – 114.542 – 111.933 – 111.315 – 113.919 —
112.59400 – 113.04100 —
43.400950300097 – 59.5316109742 —
– —
113.237 – 1777606200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold – Rising Wedge Chart Pattern – – – – – – – –