AUD/JPY – 1H – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 113.541 is likely expected.

Caution: A possible change in the direction of the support zone at 112.87 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Three Line Strike – Bullish’ candlestick chart pattern is detected. The chart forms ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

113.541 – 113.51 – 112.89 – 112.87 – 112.03 – 112.176 —
113.33600 – 113.15500 —
42.744581008077 – 38.296351453818 —
– —
113.541 – 1781629200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Line Strike – Bullish – – – – – – – – –