AUD/JPY – 30M – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 106.693 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 105.943 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bullish Divergence’. Dieses ist oftmals ein bearisches chart signal. Das Paar wird voraussichtlich nach unten gehen.

Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

106.693 – 106.627 – 106.275 – 105.943 – 105.717 – 105.463 —
106.66000 – 106.33000 —
62.990790090359 – 41.344848423448 —
– —
106.69300 – 1768318200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom retreat down – – – – – – – –