AUD/JPY – 30M – BUYBesides a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.16100 |
| 2nd High | 98.65600 |
| Next High | 98.49900 |
| Current Price | 98.12200 |
| Next Low | 97.78200 |
| 2nd Low | 97.66400 |
| 3rd Low | 97.52200 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold