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 level at 113.322 is considered certain.

Caution: A possible counter-trend in the direction of support at 112.189 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

113.322 – 113.208 – 113.237 – 112.189 – 112.288 – 112.651 —
112.40000 – 112.99600 —
41.637851449841 – 67.565746477042 —
– —
113.322 – 1777874400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –