Buy AUD/JPY – 30M – BUY

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 91.770646 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 91.54000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High 91.94900
2nd High 91.67700
Next High 91.54000
Current Price 91.49100
Next Low 90.58300
2nd Low 90.54800
3rd Low 89.63300

91.54000 – 91.67700 – 91.94900 – 90.58300 – 91.19600 – 91.47300

Download AUD/JPY Signal Image

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