AUD/JPY – 30M – SELL

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Bullish Engulfing’ chart pattern is found. The chart shows ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.

113.541 – 113.51 – 113.407 – 113.032 – 112.87 – 113.119 —
113.19900 – 113.34200 —
50.8346865678 – 57.898464927422 —
– —
113.541 – 1781629200

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