Buy AUD/JPY – 1H – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 92.21600 is considered certain.

Caution: A possible trend reversal in the direction of support at 91.33100 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 95.30700
2nd High 93.13100
Next High 92.21600
Current Price 91.91400
Next Low 91.33100
2nd Low 90.54800
3rd Low 89.63300

92.21600 – 91.60000 – 91.02900 – 91.33100 – 90.54800 – 89.63300

Download AUD/JPY Signal Image

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