AUD/JPY – 30M – BUYIn addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
In addition a ‘Double top chart pattern’ chart formation is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.47100 |
| 2nd High | 93.33600 |
| Next High | 92.92000 |
| Current Price | 92.44600 |
| Next Low | 92.40600 |
| 2nd Low | 92.11000 |
| 3rd Low | 92.02300 |
92.92000 – 93.33600 – 92.79400 – 92.60500 – 92.40600 – 92.11000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji