AUD/JPY – 4H – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline downwards

The bearish trend down to the next support at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 92.21600 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).

92.21600 – 91.40300 – 91.31600 – 89.63300 – 86.04000 – 86.11200

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji