AUD/JPY – 1H – BUY

And also a ‘Falling Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The currency pair is likely to rise.

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

An ascent up to the next resistance line at 94.48400 is certain.

Caution: A possible counter-trend in the direction of support at 93.94000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

94.48400 – 94.41000 – 94.83400 – 93.94000 – 93.93800 – 93.24000

Trading Signals: FOREX – AUD – AUD/JPY – JPY –