Buy AUD/JPY – 1H – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 112.755 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 112.27800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 112.755 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 112.755 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 113.437
2nd High 112.805
Next High 112.755
Current Price 112.73800
Next Low 112.27800
2nd Low 112.226
3rd Low 112.18

112.644 – 112.511 – 112.755 – 112.27800 – 112.226 – 112.18 —
112.39600 – 112.69200 —
42.986332167114 – 66.010523617768 —
112.27800 – 1783998000 —
112.644 – 1783951200

Trading Signals:

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