AUD/JPY – 30M – BUY

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

An ascending movement up to the next resistance level at 94.88600 will continue.

Caution: A possible reversal of the trend in the direction of support at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

94.88600 – 94.54200 – 94.74500 – 93.96000 – 94.22600 – 93.98900

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