The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.
An ascent up to the next resistance line at 111.771 will persist.
Caution: A possible counter-trend in the direction of the support zone at 110.272 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 112.606 |
| 2nd High | 112.381 |
| Next High | 111.771 |
| Current Price | 111.11400 |
| Next Low | 110.272 |
| 2nd Low | 110.232 |
| 3rd Low | 110.121 |
111.771 – 112.381 – 111.98 – 110.272 – 111.282 – 111.158 —
111.13000 – 111.13800 —
43.754857036729 – 44.445960350767 —
– —
111.771 – 1774287000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –