AUD/JPY – 30M – BUY

Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 113.004 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 113.088 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

113.088 – 113.351 – 113.541 – 112.467 – 113.032 – 112.87 —
112.95400 – 112.74300 —
44.165695671824 – 37.176351056917 —
– —
113.088 – 1781775000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Up – – – – – – – – –