The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 111.708 is likely expected.
Caution: A possible change in the direction of support at 111.355 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘StochRSI Bullish Divergence’ indicator layout is detected. The indicator is ‘StochRSI Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.992 |
| 2nd High | 111.766 |
| Next High | 111.708 |
| Current Price | 111.55200 |
| Next Low | 111.355 |
| 2nd Low | 111.305 |
| 3rd Low | 111.237 |
111.708 – 111.766 – 111.992 – 111.355 – 111.305 – 111.237 —
111.56200 – 111.43200 —
46.683433069407 – 31.780981780721 —
– —
111.708 – 1782727200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –