AUD/JPY – 1H – BUYIn addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.30700 |
| 2nd High | 93.56100 |
| Next High | 93.54400 |
| Current Price | 92.95000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
93.54400 – 93.33600 – 93.56100 – 92.21400 – 92.11000 – 92.84100
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Southern Doji