AUD/JPY – 30M – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 93.54400 is likely expected.

Caution: A possible change in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

93.54400 – 92.80900 – 92.76300 – 92.46400 – 92.21400 – 92.60500

Download AUD/JPY Signal Image

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