AUD/JPY – 30M – BUY

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

A bullish movement up to the next resistance level at 111.116 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 110.343 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

111.116 – 111.771 – 112.381 – 110.343 – 110.272 – 111.282 —
110.65200 – 110.63300 —
46.812084386855 – 47.948157082989 —
– —
111.116 – 1774346400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –