AUD/JPY – 30M – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 109.955 is certain.

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

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

109.955 – 110.184 – 109.547 – 109.181 – 108.822 – 106.853 —
109.78100 – 109.44200 —
37.037960463484 – 44.935794847198 —
– —
109.955 – 1770258600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold – – – – – – – – –