The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 110.965 is expected.
Caution: A possible change in the direction of the support line at 110.121 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.212 |
| 2nd High | 111.107 |
| Next High | 110.965 |
| Current Price | 110.47100 |
| Next Low | 110.121 |
| 2nd Low | 110.063 |
| 3rd Low | 109.92 |
110.965 – 111.107 – 111.053 – 110.121 – 110.063 – 110.22 —
110.94000 – 110.44300 —
57.167856533772 – 41.969406033487 —
– —
110.965 – 1772834400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –