AUD/JPY – 30M – BUYAlso there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Latter Bottom’ chart pattern is found. The chart forms ‘Latter Bottom’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.56100 |
| 2nd High | 93.47100 |
| Next High | 93.33600 |
| Current Price | 92.77800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
93.33600 – 92.79400 – 93.04500 – 92.40600 – 92.11000 – 93.01900
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Latter Bottom